Assured Guaranty Ltd. reported its financial results for the fourth quarter and full year ended December 31, 2024, on February 27, 2025. For the fourth quarter, the company posted net income of $18 million, or $0.35 per diluted share. Adjusted earnings, which exclude one-time gains and costs, came in at $1.27 per share.
The company's full year 2024 revenue was US$830.0 million, marking a 13% decrease from fiscal year 2023. This revenue performance, coupled with the adjusted earnings per share, fell below analysts' consensus estimates for the quarter. The results indicate a challenging period for the company's top-line performance.
Despite the revenue decline, the company's Q4 earnings call highlighted strong financial metrics and strategic growth initiatives. However, the reported figures suggest that Assured Guaranty faced headwinds during the quarter. Investors will be monitoring future reports for signs of improved revenue growth and earnings performance.
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