Investing.com - Assurant (NYSE:AIZ) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Assurant announced earnings per share of $3.75 on revenue of $2.48B. Analysts polled by Investing.com anticipated EPS of $2.82 on revenue of $2.62B.
Assurant shares are up 17% from the beginning of the year and are trading at $176.21 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.39% from the start of the year.
Assurant shares lost 3.75% in after-hours trade the report.
Assurant follows other major Financial sector earnings this month
Assurant's report follows an earnings beat by Berkshire Hathaway A on Monday, who reported EPS of $4774.01 on revenue of $70.81B, compared to forecasts EPS of $4,309.9 on revenue of $70.19B.
JPMorgan had missed expectations on Wednesday, April 13, 2022 with first quarter EPS of $2.63 on revenue of $30.72B, compared to forecast for EPS of $2.7 on revenue of $30.66B.
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