AI
AIZ
Quarter ended Sep 30, 2024 · FY2024 Q3

Assurant (AIZ) Revenue — Quarter Ended Sep 30, 2024

Revenue for the quarter increased compared with both the prior quarter and the same quarter a year ago. The sequential growth was modest, while the year-over-year gain was more pronounced.

Key takeaway

Quarter ended Sep 30, 2024 · FY2024 Q3

Revenue for the quarter increased compared with both the prior quarter and the same quarter a year ago. 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

$3B

Revenue reported for this quarter.

Quarter-over-quarter

+1.5%

Change from the immediately preceding quarter.

Year-over-year

+7.0%

Change from the comparable year-ago quarter.

Trailing four quarters

$11.8B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Dec 31, 2023$3B+12.5%
Mar 31, 2024$2.9B+9.0%
Jun 30, 2024$2.9B+7.1%
Sep 30, 2024$3B+7.0%

Revenue performance

Reported revenue rose from the immediately preceding quarter, continuing an upward trajectory seen over recent periods.

Quarterly comparison

Compared with the same quarter one year earlier, revenue showed a solid increase. The sequential improvement from the prior quarter was smaller in magnitude.

What to watch

The filing context notes ongoing negotiations to sell a property, which could result in a future gain, but no definitive agreement has been reached.