earnings
confidence high
sentiment neutral
materiality 0.75
Employers Holdings Q1 net loss $2.3M; declares $1 special dividend, raises regular dividend to $0.26
Employers Holdings, Inc.
2022-Q1 EPS reported
-$0.08
revenue$152,000,000
- Net loss $2.3M ($0.08 diluted EPS); adjusted net income $9.3M ($0.33 diluted EPS).
- Gross premiums written $172.4M (+16% YoY); net premiums earned $150.2M (+12% YoY); record policies in-force 114,461 (+9%).
- Declared regular quarterly dividend $0.26/share (+4% from $0.25); special dividend $1.00/share.
- Board authorized $50M increase to share repurchase program, extending to Dec 31, 2023; remaining authorization $71.1M.
- Q1 2022 repurchased 174,172 shares at avg $38.77.