Assurant Q2 Adj EPS $3.89 Beats $2.60 Estimate, Sales $2.73B Beat $2.64B Estimate
Portfolio Pulse from Benzinga Newsdesk
Assurant (NYSE:AIZ) reported Q2 adjusted earnings of $3.89 per share, beating the analyst consensus estimate of $2.60 by 49.62%. This is a 31.86% increase from the same period last year. The company also reported quarterly sales of $2.73 billion, beating the analyst consensus estimate of $2.64 billion by 3.53%, a 8.80% increase from the same period last year.
August 04, 2023 | 10:24 am
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POSITIVE IMPACT
Assurant's Q2 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Assurant's Q2 earnings and sales have significantly exceeded analyst estimates, indicating a strong financial performance. This positive news is likely to increase investor confidence and could potentially lead to an increase in the company's stock price in the short term.
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RELEVANCE 100