Assurant Earnings Preview: Can This Streak Continue?

Assurant (NYSE:AIZ) will report earnings after markets close on Wednesday, April 24th. Assurant, Inc. provides specialized insurance and insurance-related products. The Company offers individual and small employer group health insurance, group dental insurance, pre-funded funeral insurance, group disability and life insurance, creditor-placed homeowners insurance, manufactured housing homeowners insurance, debt protection administration, credit insurance, and warranties.

Here is your Cheat Sheet to Assurant Earnings:

Earnings Expectations: Analysts expect earnings of $1.53 per share on revenues of $2.10 billion. Currently, the company’s P/E ratio stands at 8.13.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.4 to a profit $1.44. For the current year, the average estimate is a profit of $5.68, which is better than the estimate ninety days ago.

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Earnings Trends:

Here’s how Assurant has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 8,601 8,701 8,528 8,273 8,508
Diluted EPS ($) 3.76 3.63 2.50 5.51 5.67

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 2,112 2,073 2,129 2,145 2,161
Diluted EPS ($) 1.69 1.81 1.94 1.52 0.40

Past Performance:
Assurant has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]