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Assurant's (AIZ) first-quarter results reflect solid performance in the Global Housing and Global Lifestyle segments, partially offset by higher expenses and weakness in Corporate & Other.
Although the revenue and EPS for Assurant (AIZ) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Assurant (AIZ) came out with quarterly earnings of $4.78 per share, beating the Zacks Consensus Estimate of $3.87 per share. This compares to earnings of $2.75 per share a year ago.
Assurant's (AIZ) first-quarter performance is likely to have benefited from higher yields in fixed maturity securities, lender-placed average insured values and organic growth across all products.
Besides Wall Street's top -and-bottom-line estimates for Assurant (AIZ), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Assurant's (AIZ) latest acquisition of iSmash, the UK's premier tech repair brand, signals a strategic move to dominate the drop-in repair market.
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