Assurant (AIZ) Beats Q1 Earnings and Revenue Estimates

Company Performance - Assurant reported quarterly earnings of $3.39 per share, exceeding the Zacks Consensus Estimate of $2.84 per share, but down from $4.78 per share a year ago, representing an earnings surprise of 19.37% [1] - The company posted revenues of $3.09 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.21% and up from $2.89 billion year-over-year [2] - Over the last four quarters, Assurant has consistently surpassed consensus EPS and revenue estimates [2] Stock Outlook - Assurant shares have declined approximately 7.9% since the beginning of the year, compared to a 3.9% decline in the S&P 500 [3] - The company's current Zacks Rank is 3 (Hold), indicating expected performance in line with the market in the near future [6] - The consensus EPS estimate for the upcoming quarter is $4.62 on revenues of $3.09 billion, and for the current fiscal year, it is $16.01 on revenues of $12.5 billion [7] Industry Context - The Insurance - Multi line industry, to which Assurant belongs, is currently ranked in the top 27% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Assurant's stock performance [5]