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Compared to Estimates, Employers Holdings (EIG) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-25 23:31
Employers Holdings (EIG) reported $223.1 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 8%. EPS of $0.67 for the same period compares to $0.60 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $217.46 million, representing a surprise of +2.60%. The company delivered an EPS surprise of -2.90%, with the consensus EPS estimate being $0.69.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...
Employers Holdings (EIG) Q1 Earnings Lag Estimates
Zacks Investment Research· 2024-04-25 23:06
Employers Holdings (EIG) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.90%. A quarter ago, it was expected that this provider of workers-compensation insurance would post earnings of $1 per share when it actually produced earnings of $1.40, delivering a surprise of 40%.Over the l ...
Employers (EIG) - 2024 Q1 - Quarterly Results
2024-04-25 20:22
E x h i b i t 9 9 . 2 E m p l o y e r s H o l d i n g s , I n c . F i r s t Q u a r t e r 2 0 2 4 F i n a n c i a l S up p l e m e n t EMPLOYERS HOLDINGS, INC. Table of Contents Page | 1 | Consolidated Financial Highlights | | --- | --- | | 2 | Summary Consolidated Balance Sheets | | 3 | Summary Consolidated Income Statements | | 4 | Return on Equity | | 5 | Combined Ratios | | 6 | Roll-forward of Unpaid Losses and LAE | | 7 | Consolidated Investment Portfolio | | 8 | Book Value Per Share | | 9 | Earnings P ...
Employers Holdings, Inc. Announces Board Chair Transition
Newsfilter· 2024-03-14 20:15
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 ...
Earnings Estimates Rising for Employers Holdings (EIG): Will It Gain?
Zacks Investment Research· 2024-02-29 18:21
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 ...
All You Need to Know About Employers Holdings (EIG) Rating Upgrade to Strong Buy
Zacks Investment Research· 2024-02-29 18:01
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 ...
Employers (EIG) - 2023 Q4 - Annual Report
2024-02-25 16:00
EMPLOYERS HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Nevada 04-3850065 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Co ...
Employers Holdings' (EIG) Shares Rise 4% on Q4 Earnings Beat
Zacks Investment Research· 2024-02-19 19:46
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 ...
Employers (EIG) - 2023 Q4 - Earnings Call Transcript
2024-02-16 17:38
Employers Holdings, Inc. (NYSE:EIG) Q4 2023 Earnings Conference Call February 16, 2024 11:00 AM ET Company Participants Lori Brown - Chief Legal Officer and General Counsel Kathy Antonello - Chief Executive Officer Mike Paquette - Chief Financial Officer Conference Call Participants Mark Hughes - Truist Securities, Inc. Operator Good day, and thank you for standing by. Welcome to Employers Holdings, Inc. Fourth Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. ...
Compared to Estimates, Employers Holdings (EIG) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-16 00:31
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 ...