Assurant (AIZ) Tops Q1 EPS by 22c

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Go back to Assurant (AIZ) Tops Q1 EPS by 22c

Assurant Reports First Quarter 2020 Financial Results

May 5, 2020 4:15 PM EDT

Year-over-Year Earnings Growth Driven by Global Lifestyle and Improved Global Housing Results

Company Suspends 2020 Outlook Due to COVID-19 Uncertainty

Key Highlights for First Quarter 2020

Net income of $150.0 million, or $2.43 per share, down 7 percent and 4 percent, respectively Net operating income1 of $163.1 million, or $176.0 million, excluding reportable catastrophes2, up 16 percent and 18 percent, respectively Net operating income per diluted share3 of $2.64, or $2.84, excluding reportable catastrophes4, up 19 percent and 22 percent, respectively $433 million of holding company liquidity available at quarter end $95 million... More