earnings
confidence medium
sentiment positive
materiality 0.75
Assurant raises 2023 outlook; Q3 earnings strong on Global Housing and Lifestyle growth
ASSURANT, INC.
2023-Q3 EPS reported
$8.55
revenue$8,148,500,000
- Company raises 2023 outlook to mid- to high-teens adjusted EBITDA growth and adjusted EPS growth exceeding that, both excluding catastrophes.
- Q3 results driven by strong performance in Global Housing and Global Lifestyle, particularly U.S. mobile business.
- CEO Keith Demmings cited strategic actions over the last 18 months driving financial and operational excellence.
- Year-to-date performance underscores strength of business model.