Assurant 2Q Earnings Pregame Scorecard

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Last quarter Assurant (NYSE:AIZ) beat estimates by 33 cents per share and it is up again on Wednesday, July 25, 2012.

Expectations

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Analysts currently expect Assurant to come in with earnings of $1.41 per share on revenues of $2.08 billion. Analyst estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from $1.42.

Stock Movement

Recently, the stock price has been rising Since July 12, 2012 business days the stock has risen 73 cents per share. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $4.78 (-12.1%), from $39.40 to $34.62.

Company Fundamental Trends On the heels of two-straight revenue increases, the company will look to maintain momentum with this earnings announcement. Even before climbing in the first quarter, revenue had increased 0.3% in the fourth quarter of the last fiscal year.

Stock Ratings

Analysts think investors should stand pat on Assurant with five of 10 analysts rating it hold.

Last Quarter's Results

In the first quarter, profit rose 15.2% to $163.3 million ($1.81 a share) from $141.7 million ($1.39 a share) the year earlier, exceeding analyst expectations. Revenue rose 1.8% to $2.07 billion from $2.04 billion.

Summary

Reporting Period: 2Q

Date of Release: Wednesday, July 25, 2012

EPS: $1.41

Revenue Estimate: $2.08 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)