Assurant Q2 adjusted EPS beats estimates; outlook raised
AIZ•Outlook raised for 2026
- Assurant raises 2026 outlook, now sees adjusted EBITDA ex. catastrophes up mid single digits.
- Company expects Global Lifestyle adjusted EBITDA to increase low double digits in 2026.
- Assurant expects Global Housing adjusted EBITDA ex. catastrophes to grow modestly in 2026.
Quarterly results beat expectations
- U.S. protection solutions provider's Q2 adjusted EPS rose 26% year over year, beating analyst expectations.
- Adjusted EBITDA for Q2 increased 24% year over year, driven by Global Lifestyle and Global Housing growth.
- Company raised its 2026 outlook, now expecting mid-single-digit growth in adjusted EBITDA and EPS.
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Adjusted EPS | Beat | $6.41 | $5.18 (8 analysts) |
| Q2 EPS | $5.95 | ||
| Q2 Net Income | $298.60 mln |
Segment performance and analyst coverage
- Global Lifestyle growth - Earnings rose in Connected Living and Global Automotive, with Connected Living benefiting from global mobile growth and higher financial services contributions.
