Investing.com - Assurant (NYSE:AIZ) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Assurant announced earnings per share of $2.23 on revenue of $2.56B. Analysts polled by Investing.com anticipated EPS of $2.07 on revenue of $2.54B.
Assurant shares are down 0% from the beginning of the year, still down 5.27% from its 52 week high of $143.67 set on January 20. They are under-performing the S&P 500 which is up 4.17% from the start of the year.
Assurant follows other major Financial sector earnings this month
Assurant's report follows an earnings beat by JPMorgan on January 15, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
PayPal Holdings Inc had beat expectations on February 3 with fourth quarter EPS of $1.08 on revenue of $6.12B, compared to forecast for EPS of $0.9967 on revenue of $6.09B.
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