23.10.2013 23:10:15
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Assurant Q3 Profit Rises - Quick Facts
(RTTNews) - Assurant Inc. (AIZ) Wednesday reported third-quarter profit of $128.8 million or $1.68 per share, up from $126.3 million or $1.52 per share in the same period last year.
On average, 10 analysts polled by Thomson Reuters expected the company to earn $1.50 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues increased to $2.26 billion from $2.15 billion last year. Analysts expected revenues of $2.21 billion.
Net earned premiums, fees and other income totaled $2.1 billion, compared to $2.0 billion last year.
International combined ratio improved to 100.8 percent from 103.4 percent last year. Domestic combined ratio was 99.3 percent, compared to 97.0 percent last year.
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