Assured Guaranty(US:AGO) Yahoo Finance·2025-11-06 23:27Core Insights - Assured Guaranty reported Q3 CY2025 results that exceeded market revenue expectations, with a revenue of $207 million, although this represents a 23% year-on-year decline [1][2] - The non-GAAP profit was $2.57 per share, which is 67.2% above analysts' consensus estimates [1][2] Financial Performance - Net Premiums Earned were $93 million, slightly above analyst estimates of $92 million, reflecting a 4.1% year-on-year decline [2] - Revenue of $207 million surpassed analyst expectations of $184.5 million, marking a 23% year-on-year decline [2] - Adjusted EPS was $2.57, significantly higher than the expected $1.54, indicating a 67.2% beat [2] - Book Value per Share increased to $121.13, showing a 9% year-on-year growth [2] - Market Capitalization stood at $3.88 billion [2] Company Overview - Assured Guaranty has been providing credit protection products since 2003, covering over $11 trillion in debt service payments [3] - The company guarantees scheduled payments on municipal bonds, infrastructure projects, and structured finance obligations [3] Revenue Growth Challenges - Assured Guaranty has struggled to consistently increase demand, with trailing 12-month revenue of $989 million being close to its revenue five years ago, indicating low business quality [4] - Revenue has declined by 14% annually over the last two years, suggesting suppressed demand [5]