Assured Guaranty Q2 Profit Down - Quick Facts

(RTTNews) - Assured Guaranty Ltd. (AGO) Thursday reported second-quarter profit of $219million or $1.16 per share, down from $377million or $2.01 per share in the same period last year.

Operating income for the quarter was $98million or $0.52 per share. On average, five analysts polled by Thomson Reuters expected the company to earn $0.63 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues decreased to $465 million from $755 million last year. Adjusted revenues were $309 million.

Net earned premiums decreased to $178 million from $235 million last year. Net investment income totaled $93 million, down from $101 million last year.