earnings
confidence high
sentiment neutral
materiality 0.65
Employers Holdings Q3 net income $19.1M ($0.70/diluted); premiums up 24%
Employers Holdings, Inc.
2022-Q3 EPS reported
$0.05
revenue$491,700,000
- Gross premiums written $188.6M (+24% YoY); net premiums earned $178.7M (+21%).
- Adjusted net income $15.5M ($0.56/diluted); net investment income $23.7M (+29%).
- Employers segment underwriting income $3.2M; combined ratio 98.3%.
- Book value per share $33.79, down 5% from Q2 due to $60.3M after-tax unrealized losses on fixed-maturity securities.
- Quarterly dividend $0.26/share payable Nov 23, 2022; repurchased 186,799 shares at avg $39.72.