07.05.2024 22:33:57 - dpa-AFX: Assurant Inc Q1 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Assurant Inc (AIZ) reported a profit for its first
quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $236.4 million, or $4.47 per share. This
compares with $113.6 million, or $2.12 per share, in last year's first quarter.

Excluding items, Assurant Inc reported adjusted earnings of $252.6 million or
$4.78 per share for the period.

Analysts on average had expected the company to earn $3.87 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 9.1% to $2.88 billion from $2.64
billion last year.

Assurant Inc earnings at a glance (GAAP) :

-Earnings (Q1): $236.4 Mln. vs. $113.6 Mln. last year.
-EPS (Q1): $4.47 vs. $2.12 last year.
-Revenue (Q1): $2.88 Bln vs. $2.64 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ASSURANT INC. DL-,01 A0BLRP Frankfurt 178,000 31.10.24 08:07:32 -1,000 -0,56% 0,000 0,000 178,000 179,000

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