Assurant (AIZ) Q1 Earnings & Revenues Beat Estimates, Rise Y/Y
AIZAssurant(AIZ) Zacks Investment Research·2024-05-08 21:16

Assurant, Inc. (AIZ) reported first-quarter 2024 net operating income of $4.78 per share, which beat the Zacks Consensus Estimate by 23.5%. The bottom line surged 73.8% year over year.Quarterly results benefited from higher net earned premiums, fees and other income and net investment income, solid performance in the Global Housing and Global Lifestyle segments. It was partially offset by higher expenses and weakness in the Corporate & Other segment.Total revenues increased 8.9% year over year to $2.8 billi ...