Assurant Earnings: Your Sneak Peek to the Big Announcement

Assurant (NYSE:AIZ) will report earnings after markets close on Wednesday, July 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 $1.44 per share on revenues of $2.11 billion. Currently, the company’s P/E ratio stands at 10.10.

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 $1.23 to a profit $1.25. For the current year, the average estimate is a profit of $5.51, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 8,601 8,701 8,528 8,273 8,508
Diluted EPS ($) 3.77 3.63 2.50 5.58 5.67

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

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 2,129.29 2,145.08 2,160.98 2,150.62
Diluted EPS ($) 1.94 1.52 0.31 1.46

Past Performance:
Assurant has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

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

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