Investing.com - Assurant (NYSE:AIZ) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Assurant announced earnings per share of $2.75 on revenue of $2.47B. Analysts polled by Investing.com anticipated EPS of $2.09 on revenue of $2.6B.
Assurant shares are down 18% from the beginning of the year, still down 24.87% from its 52 week high of $142.61 set on February 18. They are under-performing the S&P 500 which is up 2.34% from the start of the year.
Assurant shares gained 0.67% in after-hours trade following the report.
Assurant follows other major Financial sector earnings this month
Assurant's report follows an earnings beat by Mastercard on Thursday, who reported EPS of $1.36 on revenue of $3.34B, compared to forecasts EPS of $1.17 on revenue of $3.25B.
JPMorgan had beat expectations on July 14 with second quarter EPS of $1.38 on revenue of $33.82B, compared to forecast for EPS of $1.15 on revenue of $30.41B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar