Assurant, Inc. (NYSE:AIZ) Q4 2023 Results Earnings Conference Call February 7, 2024 8:00 AM ET Company Participants Sean Moshier - Vice President, Investor Relations Keith Demmings - President and Chief Executive Officer Keith Meier - Executive Vice President, Chief Financial Officer Conference Call Participants Mark Hughes - Truist Securities John Barnidge - Piper Sandler Thomas McJoyntt - Keefe, Bruyette & Woods Brian Meredith - UBS Operator Welcome to Assurant's Fourth Quarter and Full-Year 2023 Conferen ...

Assurant, Inc. (AIZ) reported fourth-quarter 2023 net operating income of $4.58 per share, which beat the Zacks Consensus Estimate by 23.4%. The bottom line surged 41.8% year over year.The results reflected solid performance at Global Housing.Total revenues increased 12.4% year over year to $3 billion due to higher net earned premiums, fees and other income and net investment income. The top line beat the Zacks Consensus Estimate by 7.9%.Adjusted EBITDA, excluding reportable catastrophes, increased 29% to $ ...

For the quarter ended December 2023, Assurant (AIZ) reported revenue of $3 billion, up 12.6% over the same period last year. EPS came in at $4.58, compared to $3.23 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.78 billion, representing a surprise of +7.92%. The company delivered an EPS surprise of +23.78%, with the consensus EPS estimate being $3.70.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...

Assurant (AIZ) came out with quarterly earnings of $4.58 per share, beating the Zacks Consensus Estimate of $3.70 per share. This compares to earnings of $3.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.78%. A quarter ago, it was expected that this insurer would post earnings of $2.48 per share when it actually produced earnings of $4.29, delivering a surprise of 72.98%.Over the last four quarters, the company has surp ...

ATLANTA--(BUSINESS WIRE)--Assurant (NYSE:AIZ), a leading global business services company that supports, protects, and connects major consumer purchases, proudly announced that it was named one of America’s Most JUST Companies, recognizing its commitment to serving its workers, customers, communities, the environment, and shareholders. JUST Capital, along with CNBC, today released its annual JUST 100 list as part of its 2024 Rankings of America’s Most JUST Companies. The Rankings measure how the nation’s ...

Assurant, Inc. (AIZ) is slated to report fourth-quarter 2023 earnings on Feb 6, after the closing bell. AIZ delivered an earnings surprise in each of the last four quarters, the average beat being 42.38%.Factors to NoteRevenues are likely to have benefited from improved net earned premiums and higher net investment income. The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $2.78 billion, suggesting growth of 4.3% from the year-ago quarter’s levels.Net earned premiums are expected to have ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find s ...

ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, announced today that its Board of Directors declared a quarterly dividend of $0.72 per share of common stock. The dividend will be payable on March 25, 2024 to stockholders of record as of the close of business on February 5, 2024. Future dividend declarations will be made at the discretion of the Assurant Board of Directors and will be dependent up ...

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today January 16th:Novo Nordisk (NVO) : This global healthcare company which is a leader in the worldwide diabetes market with a full portfolio of GLP-1 receptor agonists, modern insulins and human insulins, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.4% over the last 60 days.Novo Nordisk has a PEG ratio of 1.24 compared with 2.1 ...