Recap: Assurant Q4 Earnings
Portfolio Pulse from Benzinga Insights
Assurant (NYSE:AIZ) reported Q4 earnings with an EPS of $4.58, beating estimates by 23.12% and showing a revenue increase of $330 million from the previous year. This follows a pattern of beating EPS estimates in previous quarters, with a notable share price increase of 11.81% after last quarter's earnings beat.
February 06, 2024 | 9:30 pm
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Assurant reported a significant beat on Q4 earnings with an EPS of $4.58 against estimates of $3.72 and a revenue increase of $330M YoY, continuing its trend of surpassing earnings expectations.
Assurant's consistent performance in beating earnings estimates, coupled with a significant year-over-year revenue increase, suggests a positive short-term impact on its stock price. Historical data shows a share price increase following earnings beats, indicating a likely continuation of this trend.
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