(RTTNews) - Assurant Inc (AIZ) released earnings for its second quarter that rose from the same period last year.
The company's profit came in at $173.5 million, or $2.81 per share. This compares with $139.5 million, or $2.21 per share, in last year's second quarter.
Excluding items, Assurant Inc reported adjusted earnings of $169.3 million or $2.75 per share for the period.
Analysts had expected the company to earn $2.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 3.1% to $2.47 billion from $2.55 billion last year.
Assurant Inc earnings at a glance:
-Earnings (Q2): $169.3 Mln. vs. $147.7 Mln. last year. -EPS (Q2): $2.75 vs. $2.34 last year. -Analysts Estimate: $2.09 -Revenue (Q2): $2.47 Bln vs. $2.55 Bln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In This StoryAIZ
Latest Markets Videos
- Stimulus Update: MIllions Will Get a Stimulus Check in June. Are You One of Them?
- Social Security Checks Could Soar in 2023: Here's How Much Extra Seniors Might Receive
- Better Buy: Dogecoin vs. Terra Classic vs. Terra (LUNA)?
- Bitcoin Uses 50 Times Less Energy Than Traditional Banking, New Study Shows