2 Insurance Stocks in Trading Spotlight Pre Earnings

Assurant Inc. (NYSE:AIZ) will unveil its latest earnings on Wednesday, February 1, 2012. The average estimate of analysts is for profit of $1.37 per share, a rise of 26.9% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $1.35. Between one and three months ago, the average estimate moved down. It has risen from $1.34 during the last month. For the year, analysts are projecting net income of $4.28 per share, a decline of 14.7% from last year.

The company topped estimates last quarter after missing forecasts the quarter prior. In the third quarter, it reported profit of 79 cents per share against a mean estimate of net income of 77 cents per share. In the second quarter, it missed forecasts by 12 cents. On average, analysts predict $2.07 billion in revenue this quarter, a decline of 1.9% from the year ago quarter. Analysts are forecasting total revenue of $8.23 billion for the year, a decline of 3.5% from last year’s revenue of $8.53 billion.

Competitors to Watch: Hartford Financial Services (NYSE:HIG), American Financial Group (NYSE:AFG), HCC Insurance Hldgs., Inc. (NYSE:HCC), Hilltop Holdings Inc. (NYSE:HTH), The Allstate Corporation (NYSE:ALL), Old Republic Intl. Corp. (NYSE:ORI), American Intl. Group, Inc. (NYSE:AIG), The Travelers Companies, Inc. (NYSE:TRV), CNA Financial Corporation (NYSE:CNA), and The Chubb Corporation (NYSE:CB).

The Allstate Corp (NYSE:ALL) will unveil its latest earnings on Wednesday, February 1, 2012. The average estimate of analysts is for net income of 94 cents per share, a rise of 88% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved down. It has risen from 90 cents during the last month. For the year, analysts are projecting profit of 80 cents per share, a decline of 71.8% from last year.

The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of 16 cents per share versus a mean estimate of profit of 11 cents per share. Analysts are bullish on Allstate as 12 analysts rate it as a buy, none rate it as a sell and 12 rate it as a hold.

Competitors to Watch: Horace Mann Educators Corp. (NYSE:HMN), The Progressive Corp. (NYSE:PGR), Safety Insurance Group, Inc. (NASDAQ:SAFT), 21st Century Holding Co. (NASDAQ:TCHC), The Travelers Companies, Inc. (NYSE:TRV), Hilltop Holdings Inc. (NYSE:HTH), Hallmark Financial Services, Inc. (NASDAQ:HALL), Tower Group, Inc. (NASDAQ:TWGP), Erie Indemnity Company (NASDAQ:ERIE), and Gainsco, Inc. (AMEX:GAN).