Employers Holdings Inc reports results for the quarter ended in March - Earnings Summary

Employers Holdings

26/04/2024 04:16

* Employers Holdings Inc  EIG.N  reported quarterly adjusted
earnings of 67 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 60 cents.  The mean expectation of four analysts
for the quarter was for earnings of 71 cents per share. Wall
Street expected results to range from 66 cents to 75 cents per
share.
    * Revenue rose 8% to $223.10 million from a year ago;
analysts
expected $217.46 million. 
    * Employers Holdings Inc's reported EPS for the quarter was
$1.11​.
    * The company reported quarterly net income of $28.3
million.
    * Employers Holdings Inc shares had fallen by 1.1% this
quarter and gained 14.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 14.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the property &
casualty
insurance peer group is also "hold"

Wall Street's median 12-month price target for Employers
Holdings Inc is $52.50 
This summary was machine generated from LSEG data April 26 at
03:16 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.71           0.67           Missed
 Dec. 31 2023      1.08           1.40           Beat
 Sep. 30 2023      0.69           0.68           Missed
 Jun. 30 2023      0.96           1.17           Beat