earnings
confidence high
sentiment positive
materiality 0.60
Employers Holdings Q4 net income $54.8M; gross premiums written up 15%; declares $0.25 dividend
Employers Holdings, Inc.
2021-FY EPS reported
$4.17
revenue$703,100,000
- Q4 net income $54.8M ($1.94 diluted); adjusted net income $29.8M ($1.06 diluted).
- Gross premiums written $142.0M, up 15% YoY; net premiums earned $156.4M, up 3%.
- Favorable prior year loss reserve development $24.2M vs $39.7M a year ago; underwriting expenses down 10%.
- Board declared Q1 2022 dividend $0.25/share, payable March 15 to holders of record March 1.
- Repurchased 223,562 shares in Q4 at avg $39.63; additional 88,991 shares in Jan–Feb 2022.