Assurant, Inc. (NYSE:AIZ) is reporting third quarter earnings results on Monday 2nd November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 1.00 per share.
For the full year, analysts predict revenues of $ 10067.80 million, while looking forward to income of $ 8.73 per share.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 10.13 ~ $ 10.50 per share
Click Here For More Historical Outlooks Of Assurant, Inc.
Previous Quarter Performance
Assurant, Inc. announced income for the second quarter of $ 2.75 per share, from the revenue of $ 2,472.00 million. The quarterly earnings extended 17.52 percent while revenues contracted 2.89 percent compared with the same quarter last year.
Street analysts expected Assurant, Inc. to report income of $ 2.09 per share on revenue of $ 2596.72 million for the second quarter. The bottom line results beat street analysts by $ 0.66 or 31.58 percent, at the same time, top line results fell short of analysts by $ 124.72 million or 4.8 percent.
Stock Performance
On Friday, shares of Assurant, Inc. has traded high as $ 125.81 and has cracked $ 122.92 on the downward trend, reaching $ 124.37 with volume of 286.30 thousand shares.
According to the previous trading day, closing price of $ 124.37, representing a 64.15 % increase from the 52 week low of $ 76.27 and a 12.21 % decrease over the 52 week high of $ 142.61.
The company has a market capital of $ 7.42 billion and is part of the Financial Services sector and Insurance – Specialty industry.
Assurant, Inc., through its subsidiaries, provides risk management solutions for housing and lifestyle markets in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Housing, Global Lifestyle, and Global Preneed. Its Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, homeowners insurance, and other products.
