Assurant (AIZ) Reports Earnings Today: Revenue and EPS Outlook

Assurant (NYSE:AIZ) will report earnings today at 4:00 PM ET. Last quarter, the company beat revenue expectations by 1.5% to $3.23B, up 8.9% YoY, surpassed EPS guidance, and outperformed net premiums earned estimates. For this quarter, analysts expect revenue to rise 6.4% YoY to $3.30B, compared to 4.1% in the same quarter last year. Adjusted EPS is forecast at $5.50/share. Over the past two years, Assurant has averaged a 1.6% revenue beat. Peer reactions are mixed; Stewart Information Services and Allstate posted gains after reporting, while the broader P&C insurance sector is roughly flat in the last month. Assurant is up 2.1% during that period, trading at $243.43 with an average analyst price target of $259.33.