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Will Assurant Pull Off an Earnings Beat in the Third Quarter?
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Key Takeaways
Assurant is set to report Q3 earnings on Nov. 3, with revenues expected to rise 6% to $3.44 billion.
AIZ's Q3 earnings are expected to decline 20.2% to $4.57 per share, with expenses expected at $3.1 billion.
Global Lifestyle revenues are expected to grow 7.2%, fueled by mobile protection and trade-in programs.
Assurant, Inc. (AIZ - Free Report) is expected to register a decline in its bottom line but an improvement in its top line when it reports third-quarter 2026 results on Nov. 3, after the closing bell.
The Zacks Consensus Estimate for AIZ’s third-quarter revenues is pegged at $3.44 billion, indicating 6% growth from the year-ago reported figure.
The consensus estimate for earnings is pegged at $4.57 per share. The estimate suggests a year-over-year decrease of 20.2%. The Zacks Consensus Estimate for AIZ’s third-quarter earnings has remained unchanged in the past 30 days.
What the Zacks Model Unveils for AIZ
Our proven model does not conclusively predict an earnings beat for Assurant this time around. This is because a stock needs to have the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). This is not the case, as you can see below.
Earnings ESP of AIZ: Assurant has an Earnings ESP of 0.00%. This is because the Most Accurate Estimate and the Zacks Consensus Estimate are both pegged at 4.57. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Solid performance in the Global Lifestyle and Global Housing segments is likely to have supported Assurant's third-quarter performance. Revenues are expected to have benefited from higher net earned premiums, increased fees and other income, and growth in net investment income.
Net earned premiums are expected to have benefited from higher premiums in the Global Housing and Global Lifestyle segments. We expect net earned premiums to increase 1.7% to $2.7 billion in the to-be-reported quarter. Fees and other income are expected to increase 21.3% to $587.4 million in the third quarter.
Net investment income is expected to have benefited from higher invested asset balances and reinvestment at attractive yields. Continued growth in investment income is likely to have supported revenues in the to-be-reported quarter. We expect net investment income to be $153.1 million.
Global Housing is expected to have benefited from higher lender-placed policies in force, average premiums and growth in specialty products. However, elevated mortgage rates and housing affordability challenges could have weighed on home sales and refinancing activity. We expect the segment's revenues to decrease 1.1% to $731 million.
Global Lifestyle is likely to have benefited from continued growth in Connected Living, driven by global mobile device protection programs, extended service contracts and card benefits programs in financial services. Higher volumes in mobile trade-in programs and contributions from recently launched protection programs are expected to have supported growth. We expect the segment’s revenues to increase 7.2% to $2.7 billion.
Total benefits, losses and expenses may have escalated because of higher underwriting and selling, general and administrative expenses. We expect total expenses to be $3.1 billion.
Continued share buybacks are likely to have aided the bottom line in the to-be-reported quarter.
Stocks to Consider
Here are three insurance stocks you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:
NMI Holdings Inc. (NMIH - Free Report) has an Earnings ESP of +0.88% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $1.77, indicating a year-over-year increase of 9.1%.
NMIH’s earnings beat estimates in each of the last four reported quarters.
The Allstate Corporation (ALL - Free Report) has an Earnings ESP of +5.25% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $5.61, indicating a year-over-year decrease of 37.1%.
ALL’s earnings beat estimates in each of the last four reported quarters.
Palomar Holdings, Inc. (PLMR - Free Report) has an Earnings ESP of +0.29% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $2.60, indicating a year-over-year increase of 29.4%.
PLMR’s earnings beat estimates in each of the last four reported quarters.
View the Zacks #1 Rank List
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Will Assurant Pull Off an Earnings Beat in the Third Quarter?
Key Takeaways
Assurant, Inc. (AIZ - Free Report) is expected to register a decline in its bottom line but an improvement in its top line when it reports third-quarter 2026 results on Nov. 3, after the closing bell.
The Zacks Consensus Estimate for AIZ’s third-quarter revenues is pegged at $3.44 billion, indicating 6% growth from the year-ago reported figure.
The consensus estimate for earnings is pegged at $4.57 per share. The estimate suggests a year-over-year decrease of 20.2%. The Zacks Consensus Estimate for AIZ’s third-quarter earnings has remained unchanged in the past 30 days.
What the Zacks Model Unveils for AIZ
Our proven model does not conclusively predict an earnings beat for Assurant this time around. This is because a stock needs to have the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). This is not the case, as you can see below.
Earnings ESP of AIZ: Assurant has an Earnings ESP of 0.00%. This is because the Most Accurate Estimate and the Zacks Consensus Estimate are both pegged at 4.57. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Assurant, Inc. Price and EPS Surprise
Assurant, Inc. price-eps-surprise | Assurant, Inc. Quote
Assurant’s Zacks Rank: AIZ carries a Zacks Rank #3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Factors Likely to Shape Q3 Results of AIZ
Solid performance in the Global Lifestyle and Global Housing segments is likely to have supported Assurant's third-quarter performance. Revenues are expected to have benefited from higher net earned premiums, increased fees and other income, and growth in net investment income.
Net earned premiums are expected to have benefited from higher premiums in the Global Housing and Global Lifestyle segments. We expect net earned premiums to increase 1.7% to $2.7 billion in the to-be-reported quarter. Fees and other income are expected to increase 21.3% to $587.4 million in the third quarter.
Net investment income is expected to have benefited from higher invested asset balances and reinvestment at attractive yields. Continued growth in investment income is likely to have supported revenues in the to-be-reported quarter. We expect net investment income to be $153.1 million.
Global Housing is expected to have benefited from higher lender-placed policies in force, average premiums and growth in specialty products. However, elevated mortgage rates and housing affordability challenges could have weighed on home sales and refinancing activity. We expect the segment's revenues to decrease 1.1% to $731 million.
Global Lifestyle is likely to have benefited from continued growth in Connected Living, driven by global mobile device protection programs, extended service contracts and card benefits programs in financial services. Higher volumes in mobile trade-in programs and contributions from recently launched protection programs are expected to have supported growth. We expect the segment’s revenues to increase 7.2% to $2.7 billion.
Total benefits, losses and expenses may have escalated because of higher underwriting and selling, general and administrative expenses. We expect total expenses to be $3.1 billion.
Continued share buybacks are likely to have aided the bottom line in the to-be-reported quarter.
Stocks to Consider
Here are three insurance stocks you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:
NMI Holdings Inc. (NMIH - Free Report) has an Earnings ESP of +0.88% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $1.77, indicating a year-over-year increase of 9.1%.
NMIH’s earnings beat estimates in each of the last four reported quarters.
The Allstate Corporation (ALL - Free Report) has an Earnings ESP of +5.25% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $5.61, indicating a year-over-year decrease of 37.1%.
ALL’s earnings beat estimates in each of the last four reported quarters.
Palomar Holdings, Inc. (PLMR - Free Report) has an Earnings ESP of +0.29% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $2.60, indicating a year-over-year increase of 29.4%.
PLMR’s earnings beat estimates in each of the last four reported quarters.