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Barchart
Barchart
Aditya Sarawgi

Earnings Preview: What to Expect From Assurant's Report

Atlanta-based Assurant, Inc. (AIZ) is a global provider of risk management solutions in the auto, housing, and lifestyle markets, protecting where people live and the goods they buy. With a market cap of $10.1 billion, Assurant’s operations span the Americas, Indo-Pacific, and Europe. It is expected to release its Q3 earnings after the market closes on Tuesday, Nov. 5.

Ahead of the event, analysts expect Assurant to report a profit of $3.28 per share, down 23.5% from $4.29 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s adjusted EPS projections in each of the past four quarters. Its adjusted EPS for the last reported quarter grew by 4.9% year-over-year to $4.08, surpassing the consensus estimates by 14%.

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