Assurant Inc (AIZ) reported a profit for its first quarter that increased from last year.
The company said its bottom line rose to $220.32 million, or $3.34 per share. This was higher than $50.04 million, or $0.71 per share, in last year's first quarter.
The company said revenue for the quarter fell 17.3% to $2.15 billion. This was down from $2.60 billion last year.
Assurant Inc earnings at a glance:
-Earnings (Q1): $220.32 Mln. vs. $50.04 Mln. last year.
-Earnings Growth (Y-o-Y): 340.3%
-EPS (Q1): $3.34 vs. $0.71 last year.
-EPS Growth (Y-o-Y): 370.4%
-Revenue (Q1): $2.15 Bln vs. $2.60 Bln last year.
-Revenue Change (Y-o-Y): -17.3%
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