earnings
confidence high
sentiment negative
materiality 0.75
Employers Holdings Q4 net income $28.3M ($1.14) down from $45.6M; full-year combined ratio 97.9%
Employers Holdings, Inc.
2024-FY EPS reported
$4.71
revenue$880,700,000
- Full-year net income $118.6M ($4.71 dil EPS) vs $118.1M; adjusted net income $94.0M ($3.73) vs $101.7M.
- Q4 net income $28.3M ($1.14 dil EPS) vs $45.6M ($1.77); adjusted net income $28.7M ($1.15) vs $36.1M.
- Gross premiums written FY 2024 $776.3M (+1.1%); net premiums earned $749.5M (+3.8%); record policies in-force 130,767.
- GAAP combined ratio 97.9% (FY) vs 95.0%; Q4 95.5% vs 88.1%; net favorable reserve development $9.1M Q4 vs $24.9M.
- Declared Q1 dividend $0.30/sh payable Mar 19; repurchased 193,857 shares in Q4 and 222,438 YTD Feb 19, 2025.