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Assurant: 4Q Earnings Snapshot

NEW YORK (AP) _ Assurant Inc. (AIZ) on Tuesday reported fourth-quarter earnings of $127.6 million.

The New York-based company said it had profit of $1.98 per share. Earnings, adjusted for non-recurring costs, came to $2.25 per share.

The insurer posted revenue of $2.61 billion in the period. Its adjusted revenue was $2.6 billion.

For the year, the company reported profit of $382.6 million, or $5.84 per share. Revenue was reported as $10.01 billion.

Assurant shares have increased 6.5% since the beginning of the year, while the Standard & Poor's 500 index has increased roughly 4%. In the final minutes of trading on Tuesday, shares hit $139.62, an increase of 43% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIZ at https://www.zacks.com/ap/AIZ