06.02.2024 22:24:14 - dpa-AFX: Assurant Inc Q4 Profit Increases, beats estimates

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

The company's earnings totaled $182.5 million, or $3.42 per share. This
compares with $68.1 million, or $1.27 per share, in last year's fourth quarter.

Excluding items, Assurant Inc reported adjusted earnings of $244.9 million or
$4.58 per share for the period.

Analysts on average had expected the company to earn $3.72 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 11.7% to $2.96 billion from $2.65
billion last year.

Assurant Inc earnings at a glance (GAAP) :

-Earnings (Q4): $182.5 Mln. vs. $68.1 Mln. last year.
-EPS (Q4): $3.42 vs. $1.27 last year.
-Analyst Estimate: $3.72
-Revenue (Q4): $2.96 Bln vs. $2.65 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 163,000 15.05.24 08:01:38 ±0,000 ±0,00% 163,000 164,000 163,000 163,000

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