Assurant (AIZ) Misses Q4 EPS by 41c, Revenues Beat

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Go back to Assurant (AIZ) Misses Q4 EPS by 41c, Revenues Beat

Assurant Reports Fourth Quarter and Full-Year 2019 Financial Results

February 11, 2020 4:15 PM EST

Earnings Growth in 2019 Fueled by Strong Mobile Results and Full-Year TWG Contributions

Company Expects to Grow 2020 Net Operating Earnings Per Share, Ex. Catastrophes, by 10 to 14 Percent

Key Highlights for Full-Year 2019

Net income of $363.9 million, or $5.84 per share, up 54 percent and 47 percent, respectively Net operating income1 of $533.0 million, or $574.0 million excluding reportable catastrophes2, up 54 percent and 11 percent, respectively Net operating income per diluted share3 of $8.55, or $9.21 excluding reportable catastrophes4, up 47 percent and 6 percent, respectively $426 million returned to shareholders in share repurchases and common... More