Investing.com - Assurant reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Assurant announced earnings per share of $3.03 on revenue of $2.43B. Analysts polled by Investing.com anticipated EPS of $2.02 on revenue of $2.53B.
Assurant shares are up 6% from the beginning of the year and are trading at $157.79 , down-from-52-week-high.They are broadly in line with the Nasdaq which is up 5.78% from the start of the year.
Assurant shares gained 0.04% in after-hours trade the report.
Assurant follows other major Financial sector earnings this month
Assurant's report follows an earnings beat by Berkshire Hathaway on Saturday, who reported EPS of $4571.96 on revenue of $67.48B, compared to forecasts EPS of $3818.2 on revenue of $63.41B.
JPMorgan had beat expectations on April 14 with first quarter EPS of $4.5 on revenue of $33.12B, compared to forecast for EPS of $3.1 on revenue of $30.49B.
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