Investing.com - Assurant reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Assurant announced earnings per share of $2.58 on revenue of $2.64B. Analysts polled by Investing.com anticipated EPS of $1.37 on revenue of $2.52B.
Assurant shares are up 18% from the beginning of the year and are trading at $162.34 , down-from-52-week-high.They are under-performing the S&P 500 which is up 23.28% from the start of the year.
Assurant shares gained 0.40% in after-hours trade the report.
Assurant follows other major Financial sector earnings this month
Assurant's report follows an earnings beat by JPMorgan on October 13, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.79B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.42 on revenue of $71.38B.
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