Assurant Inc Q3 Earnings Decline 42%

(RTTNews) - Assurant Inc (AIZ) announced a profit for third quarter that declined from last year.

The company said its earnings declined to $60.7 million, or $1.00 per share. This was down from $104.3 million, or $1.53 per share, in last year's third quarter.

The company said revenue for the quarter fell 27.7% to $1.83 billion. This was down from $2.53 billion last year.

Assurant Inc earnings at a glance:

-Earnings (Q3): $60.7 Mln. vs. $104.3 Mln. last year. -Earnings Decline (Y-o-Y): -41.8% -EPS (Q3): $1.00 vs. $1.53 last year. -EPS Decline (Y-o-Y): -34.6% -Revenue (Q3): $1.83 Bln vs. $2.53 Bln last year. -Revenue Change (Y-o-Y): -27.7%