earnings
confidence high
sentiment negative
materiality 0.80
Employers Holdings Q2 net income flat at $1.23 EPS but adjusted EPS drops 56%; combined ratio rises to 105.6%
Employers Holdings, Inc.
2025-Q2 EPS reported
$1.74
revenue$448,900,000
- Net income per diluted share $1.23, down 2% YoY; adjusted EPS $0.48, down 56% YoY.
- Gross premiums written fell 2% to $203.3M; net premiums earned rose 6% to $198.3M.
- GAAP combined ratio increased to 105.6% from 94.2% due to higher loss ratio of 70.7% (vs 57.9%).
- Increased accident-year loss ratio for voluntary business to 69% reflecting rising cumulative trauma claims in California.
- Declared $0.32 quarterly dividend payable Aug 27 to holders of record Aug 13; repurchased 482K shares in Q2 at $48.08 avg.
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