AIZ Earnings Prediction
The chart below shows how AIZ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AIZ sees a +0.41% change in stock price 10 days leading up to the earnings, and a +3.77% change 10 days following the report. On the earnings day itself, the stock moves by +0.23%. This data can give you a slight idea of what to expect for the next quarter's release.
AIZ Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.98B
7.29%
1.65%
Gross Margin
--
--
--
Operating Margin
6.30%
-31.89%
-29.92%
Net Margin
4.49%
-34.45%
-30.28%
EPS
2.55
-27.97%
-28.77%
No Data Available
AIZ Earnings Analysis
Assurant, Inc. Corporation (AIZ.N) Earnings Conference Call
Positive
EBITDA Growth Performance: Adjusted EBITDA increased by 15% year-to-date, reflecting strong operational performance and growth across key segments.
Adjusted EPS Growth: Adjusted EPS grew by 21% year-to-date, demonstrating effective cost management and profitability improvements.
Housing Earnings Surge: Global Housing earnings increased by 34% year-to-date, driven by policy growth and improved placement rates.
Shareholder Return Strategy: The company expects to return $300 million to shareholders through share repurchases in 2024, showcasing strong capital management and commitment to shareholder value.
Adjusted EBITDA Growth: Connected Living adjusted EBITDA grew 11% on a constant-currency basis, highlighting successful investments in new partnerships and programs.
Negative
EBITDA Decline Amid Growth: Global Lifestyle adjusted EBITDA decreased by 4%, indicating a decline in profitability despite growth in Connected Living.
Automotive Earnings Decline: Global Automotive earnings were down modestly year-over-year, primarily due to elevated losses within ancillary GAAP products, which were only partially offset by higher investment income.
EBITDA Loss Increase: The corporate adjusted EBITDA loss in the third quarter was $30 million, an increase of $4 million year-over-year, driven by higher third-party and employee-related expenses.
Corporate EBITDA Loss Forecast: For the full-year 2024, the corporate adjusted EBITDA loss is now expected to be approximately $115 million, reflecting ongoing challenges in managing corporate expenses.
Hurricane Claims Impact: Hurricane Milton is expected to result in claims impacts ranging between $75 million to $110 million, adding to the financial strain from recent weather events.
AIZ FAQs
How does AIZ typically perform around its earnings report dates?
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AIZ Earning Call Sentiment
Assurant, Inc. (AIZ) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
AIZ.N
-1.22%Positive
The earnings call presents a mixed outlook. Financial performance shows strong growth in Global Housing and Connected Living, but challenges like unfavorable foreign exchange, catastrophe losses, and regulatory issues persist. The Q&A highlights management's optimism about future growth, particularly in Connected Living, but lacks clarity on investment impacts. Positive factors include a robust share repurchase plan and strong adjusted EPS growth. However, ongoing losses and regulatory challenges in Global Housing, along with GAAP losses in Auto, create uncertainty. Given these mixed signals, the stock price is likely to remain neutral in the short term.
