31.10.2023 21:26:30 - dpa-AFX: Assurant Inc Q3 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Assurant Inc (AIZ) reported earnings for its third
quarter that increased from the same period last year and beat the Street
estimates.

The company's bottom line totaled $190.1 million, or $3.54 per share. This
compares with $7.3 million, or $0.14 per share, in last year's third quarter.

Excluding items, Assurant Inc reported adjusted earnings of $230.6 million or
$4.29 per share for the period.

Analysts on average had expected the company to earn $2.46 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 8.6% to $2.77 billion from $2.55
billion last year.

Assurant Inc earnings at a glance (GAAP) :

-Earnings (Q3): $190.1 Mln. vs. $7.3 Mln. last year.
-EPS (Q3): $3.54 vs. $0.14 last year.
-Analyst Estimate: $2.46
-Revenue (Q3): $2.77 Bln vs. $2.55 Bln last year.

-Guidance:
Full year EPS guidance: $13.61


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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 163,000 15.05.24 08:01:38 ±0,000 ±0,00% 163,000 164,000 163,000 163,000

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