Assurant (AIZ) Tops Q1 EPS by 8c

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Assurant Reports First Quarter 2019 Financial Results

May 6, 2019 4:15 PM EDT

Results In-line with Full-Year Outlook Driven by The Warranty Group and Mobile Growth

Key Highlights for First Quarter 2019

Net income of $161.0 million, or $2.52 per diluted share, up 29 percent Net operating income of $140.6 million, or $148.8 million excluding reportable catastrophes1, up 31 and 30 percent, respectively Net operating income per diluted share of $2.21, or $2.33 excluding reportable catastrophes2, up 11 and 9 percent, respectively $88 million returned to shareholders in share repurchases and common dividends

Note: References to net income refer to net income... More