Assurant (AIZ) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain was more pronounced.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.9B
Revenue reported for this quarter.
Quarter-over-quarter
+1.6%
Change from the immediately preceding quarter.
Year-over-year
+7.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $2.8B | +8.9% |
| Dec 31, 2023 | $3B | +12.5% |
| Mar 31, 2024 | $2.9B | +9.0% |
| Jun 30, 2024 | $2.9B | +7.1% |
Revenue performance
The reported revenue reflects a year-over-year increase, continuing the upward trajectory observed in recent quarters.
Quarterly comparison
Revenue rose from the immediately preceding quarter and was also higher than the same quarter one year earlier. The year-over-year improvement was larger than the sequential change.
What to watch
The filing context mentions a potential property sale that could result in a gain, but no transaction has been completed.