Investing.com - Assured Guaranty (NYSE:AGO) reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Assured Guaranty announced earnings per share of $2.11 on revenue of $147M. Analysts polled by Investing.com anticipated EPS of $0.87 on revenue of $172.29M.
Assured Guaranty shares are up 19.33% from the beginning of the year, still down 10.40% from its 52 week high of $65.68 set on March 30.
Assured Guaranty follows other major Financial sector earnings this month
Assured Guaranty's report follows an earnings missed by Berkshire Hathaway A on Saturday, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
JPMorgan had beat expectations on October 14 with third quarter EPS of $3.12 on revenue of $32.72B, compared to forecast for EPS of $2.92 on revenue of $32.13B.
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