Assurant Reports Fourth Quarter and Full-Year 2020 Financial Results
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Assurant (AIZ) Tops Q4 EPS by 15c
February 9, 2021 4:16 PM ESTAssurant (NYSE: AIZ) reported Q4 EPS of $2.23, $0.15 better than the analyst estimate of $2.08.
Net income was $134.5 million, or $2.23 per diluted share, compared to fourth quarter 2019 net income of $122.9 million, or $1.98 per diluted share. The increase was primarily driven by the absence of a $32.5 million charge related to Iké in fourth quarter 2019, as well as an increase in net realized gains on investments. This was partially offset by $27.7 million of higher... More