Recap: Assurant Q2 Earnings – Benzinga

Assurant AIZ reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

Assurant missed estimated earnings by 6.65%, reporting an EPS of $2.95 versus an estimate of $3.16.

Revenue was down $32.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.88 which was followed by a 2.07% increase in the share price the next day.

Here’s a look at Assurant’s past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Assurant management provided guidance for FY 2022, expecting earnings between $12.84 and $13.29 per share.

To track all earnings releases for Assurant visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.