Assurant (AIZ) Tops Q2 EPS by 106c; offers outlook

Assurant (NYSE: AIZ) reported Q2 EPS of $4.77, $1.06 better than the analyst estimate of $3.71. Revenue for the quarter came in at $2.92 billion versus the consensus estimate of $2.89 billion.

2024 Outlook

The company now expects:

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

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

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