Assurant, Inc. (AIZ) CEO Alan Colberg on Q1 2019 Results - Earnings Call Transcript

May 07, 2019 12:42 PM ETAssurant, Inc. (AIZ) StockAIZ
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Q1: 2019-05-06 Earnings Summary

EPS of $2.21 beats by $0.06
 | Revenue of $2.44B (48.64% Y/Y) beats by $131.85M

Assurant, Inc. (NYSE:AIZ) Q1 2019 Earnings Conference Call May 7, 2019 8:30 AM ET

Company Participants

Suzanne Shepherd - SVP of IR
Alan Colberg - President and CEO
Richard Dziadzio - CFO

Conference Call Participants

John Nadel - UBS
Christopher Campbell - KBW

Operator

Welcome to Assurant's First Quarter 2019 Earnings Conference Call and Webcast. At this time, all participants have been placed in a listen-only mode and the floor will be open for your questions following management's prepared remarks. [Operator Instructions] It is now my pleasure to turn the floor over to Suzanne Shepherd, Senior Vice President of Investor Relations. You may begin.

Suzanne Shepherd

Thank you, Christina, and good morning, everyone. We look forward to discussing our first quarter 2019 results with you today. Joining me for Assurant's conference call are Alan Colberg, our President and Chief Executive Officer; and Richard Dziadzio, our Chief Financial Officer.

Yesterday, after the market close, we issued a news release announcing our results for the first quarter 2019. The release and corresponding financial supplement are available on assurant.com.

As noted in both documents, we updated our key financial metrics for the enterprise and our operating segments to align with the company's strategic focus, and the financial objective shared at our recent Investor Day. We believe these metrics will be a better indicator of performance going forward. We'll start today's call with brief remarks from Alan and Richard before moving into a Q&A session.

Some of the statements made today may be forward-looking. Forward-looking statements are subject to risks, uncertainties and other factors that may cause actual results to differ materially from those contemplated by these statements. Additional information regarding these factors can be found in yesterday's earnings release as well as in our SEC reports.

During today's call, we will refer to non-GAAP

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