Assurant (AIZ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Assurant (AIZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Assurant stock rallies on well-performing Global Lifestyle business, growth of fee-based capital-light businesses and effective capital deployment.
Assurant (AIZ) reported earnings 30 days ago. What's next for the stock?
Assurant Inc. is a market leader in mobile device, electronics, auto and home renter's insurance, focusing on capital-light, recurring revenue segments, making it a less risky investment. The company has shown consistent revenue and earnings growth, supported by strong business relationships and a B2B2C distribution model. Despite challenges like catastrophic losses and investment income volatility, Assurant's dividend safety and growth streak make it a strong candidate for dividend growth portfolios.
Assurant stock is poised to gain from a well-performing Global Lifestyle business, growth of fee-based capital-light businesses and effective capital deployment.
Assurant, Inc. (NYSE:AIZ ) Q4 2024 Earnings Conference Call February 12, 2025 8:00 AM ET Company Participants Sean Moshier – Vice President-Investor Relations Keith Demmings – President and Chief Executive Officer Keith Meier – Chief Financial Officer Conference Call Participants Mark Hughes – Truist Jeff Schmitt – William Blair & Company Tommy McJoynt – KBW James Chmiel – Piper Sandler Operator Welcome to Assurant's Fourth Quarter and Full Year 2024 Conference Call and Webcast. At this time all participants have been placed in a listen-only mode and the floor will be opened for your questions following management's prepared remarks.
AIZ's Q4 results reflect higher adjusted EBITDA, growth at Homeowners as well as across various specialty Homeowners products and Connected Living growth in mobile.
The headline numbers for Assurant (AIZ) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Assurant (AIZ) came out with quarterly earnings of $4.79 per share, beating the Zacks Consensus Estimate of $4.33 per share. This compares to earnings of $4.58 per share a year ago.
AIZ's Q4 results are likely to reflect growth across various specialty products, improved Connected Living business and revenue growth at Homeowners.
Evaluate the expected performance of Assurant (AIZ) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.