Investing.com - Assurant reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Assurant announced earnings per share of $2.81 on revenue of $2.55B. Analysts polled by Investing.com anticipated EPS of $2.27 on revenue of $2.64B.
Assurant shares are down 58% from the beginning of the year and are trading at $134.70 , down-from-52-week-high.
Assurant shares gained 0.10% in after-hours trade the report.
Assurant follows other major Financial sector earnings this month
Assurant's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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