2023-08-01 16:25:31 ET
- Assurant press release ( NYSE: AIZ ): Q2 Non-GAAP EPS of $3.89 beats by $1.14 .
- Revenue of $2.73B (+8.8% Y/Y) beats by $80M .
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2023 Outlook
The company now expects:
- Adjusted EBITDA, excluding reportable catastrophes 6 , to increase high single-digits, driven by significant growth in Global Housing, partially offset by a modest decline in Global Lifestyle.
- Adjusted earnings, excluding reportable catastrophes, per diluted share 6 , growth rate to approximate Adjusted EBITDA, excluding reportable catastrophes, as an increase in earnings and the impact of share repurchases are partially offset by increased depreciation expense and a higher effective tax rate.
For further details see:
Assurant Non-GAAP EPS of $3.89 beats by $1.14, revenue of $2.73B beats by $80M