Assurant (AIZ) Tops Q3 EPS by 43c; offers outlook

Assurant (NYSE: AIZ) reported Q3 EPS of $3.00, $0.43 better than the analyst estimate of $2.57. Revenue for the quarter came in at $2.97 billion versus the consensus estimate of $2.94 billion.

OUTLOOK

2024 Outlook

The company now expects:

Adjusted EBITDA, excluding reportable catastrophes6, to increase low double-digits, led by strong growth in Global Housing, with modest growth in Global Lifestyle.
Adjusted earnings, excluding reportable catastrophes, per diluted share6, to increase mid- to high-teens.

For earnings history and earnings-related data on Assurant (AIZ) click here.

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