Assurant Q3 GAAP net income $7.3M (-95% YoY); adjusted EBITDA $116M (-31%)

ASSURANT, INC.

2022-Q3 EPS reported $3.78 revenue$7,540,200,000

GAAP net income $7.3M, diluted EPS $0.14 vs $2.54 YoY.
Adjusted EBITDA $116.0M vs $168.5M YoY; ex-cat $239.6M vs $270.3M.
Adjusted EPS $1.01 vs $1.69 YoY; ex-cat $2.81 vs $3.04.
Nine-month 2022 adjusted EPS $7.90, up 6% from $7.45.
CEO cites disappointing results; plans to simplify portfolio and realize expense efficiencies.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ASSURANT, INC. reported the quarter ended September 30, 2022 results: net income 7.3, EPS 0.14.

Period: the quarter ended September 30, 2022
Net income: 7.3
EPS: 0.14
Result: reported results

Exact text from the filing

GAAP net income 7.3 151.0 (95)% 208.5 478.9 (56)% Adjusted EBITDA 1 116.0 168.5 (31)% 682.0 713.4 (4)% Adjusted EBITDA, ex. reportable catastrophes 2 239.6 270.3 (11)% 832.0 864.5 (4)% GAAP net income per diluted share 0.14 2.54 (94)% 3.78 7.87 (52)%

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36 earnings releases filed in the last 30 days. Browse all earnings releases →

ASSURANT, INC. filing history →

Source: SEC EDGAR

accession 0001267238-22-000037

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