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Assurant: Q3 Earnings Snapshot
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ATLANTA (AP) — ATLANTA (AP) — Assurant Inc. (AIZ) on Tuesday reported third-quarter earnings of $275.2 million.

The Atlanta-based company said it had profit of $5.49 per share. Earnings, adjusted for non-recurring costs, came to $6.15 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.57 per share.

The insurer posted revenue of $3.53 billion in the period. Its adjusted revenue was $3.55 billion, which also beat Street forecasts. Three analysts surveyed by Zacks expected $3.44 billion.

Assurant shares have risen 23% since the beginning of the year, while the S&P's 500 index has climbed 11%. In the final minutes of trading on Tuesday, shares hit $296.13, a climb of 40% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIZ at https://www.zacks.com/ap/AIZ

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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