Employers Holdings Inc expected to post earnings of $1.08 a share - Earnings Preview

Employers Holdings

13/02/2024 22:42

* Employers Holdings Inc  EIG.N   EIG  is expected to show a
fall
in quarterly revenue when it reports  results on February 15 for
the period ending December 31 2023
    * The Henderson Nevada-based  company is expected to report
a
2.9% decrease in revenue to $215.385 million from $221.8 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. (Sales/Revenue Majority Basis is on Total
Revenue(Net Premiums earned + Net investment Income+other
income))
    * ​LSEG's mean analyst estimate for Employers Holdings Inc
is for
earnings of $1.08 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Employers
Holdings Inc is $49.00​, above​ its last closing price
of $42.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.72        0.69       0.68      Missed  -1.6
 Jun. 30 2023  0.95        0.96       1.17      Beat    22.1
 Mar. 31 2023  0.60        0.58       0.60      Beat    2.9​
 Dec. 31 2022  0.91        0.84       1.25      Beat    49.4
 ​​Sep.        0.45        0.44       0.56      Beat    27.3
 30 2022                                                
 Jun. 30 2022  0.73        0.66       0.79      Beat    20.2​
 Mar. 31 2022  0.54        0.54       0.33      Missed  -38.9
 Dec. 31 2021  0.62        0.65       1.06      Beat    63.1
 This summary was machine generated February 13 at 22:42 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)