Assurant Q3 Adjusted Earnings, Revenue Rise

MT Newswires Live11-04

Assurant (AIZ) reported Q3 adjusted earnings late Tuesday of $6.46, excluding reportable catastrophes, per diluted share, up from $5.76 a year earlier.

Adjusted earnings, excluding reportable catastrophes represents individual catastrophic events, which the company uses as as an important measure of the company's stockholder value.

Analysts polled by FactSet expected $4.75.

Revenue for the three months ended Sept. 30 rose to $3.53 billion from $3.23 billion a year earlier.

Analysts expected $3.48 billion.

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