Assurant (AIZ) Tops Q4 EPS by 83c

Assurant (NYSE: AIZ) reported Q4 EPS of $3.56, $0.83 better than the analyst estimate of $2.73.

2023 Outlook:

The company expects:

• Adjusted EBITDA, excluding reportable catastrophes6, to increase low single-digits, driven by improved performance in Global Housing and more modest growth in Global Lifestyle.
• Adjusted earnings, excluding reportable catastrophes, per diluted share6, growth rate to be lower than Adjusted EBITDA growth due to increased depreciation expense and a higher effective tax rate.

For earnings history and earnings-related data on Assurant (AIZ) click here.

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