earnings
confidence high
sentiment positive
materiality 0.75
Employers Holdings Q1 net income $28.3M ($1.11 EPS); dividend raised to $0.30/share
Employers Holdings, Inc.
2024-Q1 EPS reported
$1.11
revenue$223,100,000
- Net income per diluted share $1.11, up 29% YoY; adjusted EPS $0.67, up 12%.
- Gross premiums written $210.9M (+8% YoY); net premiums earned $184.9M (+7%).
- Record policies in-force 127,484; book value per share $44.04, up 13.1% YoY.
- Quarterly dividend increased 7% to $0.30/share; payable May 22, 2024 to holders of record May 8, 2024.
- Company repurchased 123,073 shares at avg $39.45; remaining authorization $16.2M.