-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師總結如下：Assurant公佈2026年第一季營運每股收益為5.95美元，高於去年同期的3.39美元，也高於我們先前預測的5.15美元和市場普遍預期的5.33美元，這反映了整體業績的改善以及巨災索賠的減少。剔除巨災理賠後，營業收入總計為6.33美元，高於去年同期的5.79美元。我們認為兩大業務板塊的強勁表現支撐了AIZ多元化的商業模式，其中Global Lifestyle業務板塊業績創歷史新高，EBITDA增長20%至2.367億美元，保費增長11%。管理層上調了2026年業績指引，目前預計調整後EBITDA和每股收益將實現低個位數增長，若剔除上年準備金發展的影響，則基本面將實現高個位數增長。公司同時將股票回購預期上調至3億至3.5億美元，達到先前預期範圍的上限。我們認為，全球生活方式業務強勁的營運動能以及全球住房業務正常的虧損經驗相結合，將使AIZ具備持續獲利成長的良好基礎。
Related Articles
Research
Research Alert: Expd: Q1 Results Top Expectations
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:EXPD delivered strong Q1 results, with EPS of $1.71 versus $1.47 prior year, significantly beating our $1.37 estimate and $1.33 consensus forecast. Revenue rose 4% to $2.7B from $2.67B, exceeding our $2.59B forecast as Airfreight and Customs strength offset Ocean weakness. Mixed segment performance reflected market bifurcation, with Airfreight revenue surging 14% to $1.03B on favorable pricing while Ocean revenue plummeted 23% to $599M due to capacity oversupply pressuring both pricing and volumes. Management expects global capacity oversupply to persist near-term despite maintaining Ocean profitability. Customs/Other revenue jumped 17% to $1.15B, with double-digit growth across all products, due to hyperscaler and high-value technology customer demand plus tariff complexity. Operating margins reached the company's 30% target despite Middle East disruptions, with productivity gains from 2025 AI and technology investments beginning to materialize.
$EXPD
International
New Zealand's Jobless Rate Falls in March Quarter
New Zealand's seasonally-adjusted unemployment rate fell to 5.3% in the March quarter from 5.4% in the December 2025 quarter, data from Stats NZ showed on Wednesday.The seasonally-adjusted number of unemployed people for the quarter was 163,000, down from 165,000 for the December 2025 quarter.The underutilization rate was unchanged at nearly 13% in the quarter, while the participation rate slid 70.4% from 70.5% in the December 2025 quarter.The seasonally-adjusted employment rate was flat at about 67%.The seasonally adjusted youth not in employment, education, or training (NEET) rate rose to over 14% in the March quarter, up from over 13% in the December 2025 quarter."Women aged 20 to 24 continue to have the highest NEET rate, rising 1.9 percentage points to 20.3% in the March quarter," labor market spokesperson Abby Johnston said.
$^NZ50
Research
Research Alert: Emerson Electric: Fq2 Eps Beats Despite Sales Growth Slowdown
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:EMR delivered operating EPS growth of 4% Y/Y to $1.54, though underlying sales growth moderated to 0.5%, impacted by the U.S.-Iran conflict according to management. The beat was supported by share buyback activity. We see 5% underlying orders growth signaling a future recovery, with bookings centered in the high-margin Software & Systems business. Management expects Software segment profitability to enter modest recovery in 2H FY 26. The Software & Systems platform delivered 4% reported growth, with Test & Measurement achieving 16% reported growth, reflecting sustained demand in EMR's growth verticals including semiconductor and aerospace markets. Geographic performance revealed mixed fortunes, with Americas leading growth at 5% Y/Y, while Europe declined 4% and Asia/MEA fell 5%, reflecting broader geopolitical tensions. Adjusted segment EBITA margin compressed 40 bps Y/Y to 27.6% despite favorable mix shift toward higher-margin Software & Systems, with Software margins declining 250 bps to 29.2%.
$EMR