Assurant: Q1 Earnings Snapshot
By Ap News
Published - May 07, 2024, 04:32 PM ET
Last Updated - May 07, 2024, 04:32 PM EDT
ATLANTA (AP) — ATLANTA (AP) — Assurant Inc. (AIZ) on Tuesday reported first-quarter net income of $236.4 million.
The Atlanta-based company said it had net income of $4.47 per share. Earnings, adjusted for non-recurring costs, were $4.78 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.87 per share.
The insurer posted revenue of $2.88 billion in the period. Its adjusted revenue was $2.89 billion, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $2.82 billion.
