Investing.com - Assurant (NYSE:AIZ) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Assurant announced earnings per share of $2.49 on revenue of $2.57B. Analysts polled by Investing.com anticipated EPS of $2.3 on revenue of $2.58B.
Assurant shares are down 0% from the beginning of the year, still down 9.37% from its 52 week high of $172.22 set on September 9, 2021. They are outperforming the S&P 500 which is down 5.15% from the start of the year.
Assurant shares lost 0.03% in after-hours trade following the report.
Assurant follows other major Financial sector earnings this month
Assurant's report follows an earnings beat by JPMorgan on January 14, who reported EPS of $3.33 on revenue of $29.26B, compared to forecasts EPS of $3.01 on revenue of $29.78B.
Bank of America had beat expectations on January 19 with fourth quarter EPS of $0.82 on revenue of $22.06B, compared to forecast for EPS of $0.7652 on revenue of $22.18B.
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