Assurant, Inc. Provides Earnings Guidance for the Year 2021
March 09, 2021 at 08:30 am EST
Assurant, Inc. announced that for the year 2021, The company expects to grow operating earnings per share by approximately 9% from 2020 adjusted operating earnings per share, excluding catastrophes and discontinued operations. Growth is expected to be driven by continued underlying business expansion in Global Lifestyle, particularly Connected Living and Global Financial Services, and they also expect a lower corporate loss. Operating earnings and EPS growth will be back-end weighted, given the pace of underlying business growth, certain nonrecurring items in 2020 and the acceleration of buybacks in the second half of the year.