HENDERSON, Nev., March 14, 2024 (GLOBE NEWSWIRE) -- Employers Holdings, Inc., (NYSE:EIG) today announced that the chair of its Board of Directors, Michael J. McSally, will be stepping down as Board Chair. The Board of Directors has unanimously elected board member Jeanne L. Mockard as the incoming Board Chair, effective March 20, 2024. Mr. McSally, who has served on the Board since 2013, and as Board Chair since 2020, will remain on the Board and will continue to serve as a member of the Human Capital Manag ...

Employers Holdings (EIG) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this provider of workers-compensation insurance, should get reflected in its stock price. After all, empirical research shows a stro ...

Investors might want to bet on Employers Holdings (EIG) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of ...

Shares of Employers Holdings, Inc. (EIG) have risen 3.9% since it reported better-than-expected fourth-quarter 2023 results on Feb 15. The quarterly results were aided by sound growth in premiums written, robust audit premium recognition and favorable underwriting results. A slight year-over-year increase in overall expenses partly negated the results.EIG reported fourth-quarter adjusted earnings per share (EPS) of $1.40, which surpassed the Zacks Consensus Estimate by 40%. The bottom line improved 12% year ...

Company Participants Kathy Antonello - Chief Executive Officer Conference Call Participants Operator I would now like to hand the conference over to your first speaker today, Lori Brown, General Counsel. Please go ahead. Thank you, Norma. Good morning, and welcome, everyone to the fourth quarter 2023 earnings call for Employers. Today's call is being recorded and webcast from the Investors section of our website where a replay will be available following the call. All remarks made during the call are curren ...

For the quarter ended December 2023, Employers Holdings (EIG) reported revenue of $225.7 million, up 1.8% over the same period last year. EPS came in at $1.40, compared to $1.25 in the year-ago quarter.The reported revenue represents a surprise of +5.83% over the Zacks Consensus Estimate of $213.27 million. With the consensus EPS estimate being $1.00, the EPS surprise was +40.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...

Employers Holdings (EIG) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this provider of workers-compensation insurance would post earnings of $0.64 per share when it actually produced earnings of $0.68, delivering a surprise of 6.25%.Over the la ...

HENDERSON, Nev., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Employers Holdings, Inc., (NYSE:EIG) today announced the appointment of Steve Sorenson to the Board of Directors, effective March 1, 2024. "We are very excited to welcome Steve Sorenson to the Employers Holdings, Inc. Board," said Katherine H. Antonello, President and Chief Executive Officer of Employers Holdings, Inc. "Steve brings a wealth of knowledge and expertise in areas including transformational leadership, insurance operations, and insurance produc ...

Employers Holdings, Inc. (EIG) is set to report its fourth-quarter 2023 results on Feb 15, after the closing bell. It is expected to have witnessed increased net premiums earned and lower net investment income in the December quarter.Earnings Surprise HistoryEmployers Holdings’ earnings beat the consensus estimate in all the prior four quarters, with the average being 26.5%. This is depicted in the graph below:In the last reported quarter, the workers' compensation insurance provider reported adjusted opera ...

Analysts on Wall Street project that Employers Holdings (EIG) will announce quarterly earnings of $1 per share in its forthcoming report, representing a decline of 20% year over year. Revenues are projected to reach $213.27 million, declining 3.9% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company ...