Assurant Q4 Adjusted Earnings, Revenue Increase

MT Newswires Live

02/11

Assurant (AIZ) reported Q4 adjusted earnings late Tuesday of $5.61, up from $4.79 a year earlier.

Analysts polled by FactSet expected $5.54.

Revenue for the quarter ended Dec. 31 rose to $3.35 billion from $3.10 billion a year earlier.

Analysts surveyed by FactSet expected $3.31 billion.

The company said it repurchased about 126,000 shares for $30 million between Jan. 1 and Feb. 6, with $745 million still available under its existing repurchase authorizations.

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