earnings
confidence high
sentiment positive
materiality 0.70
Employers Holdings Q2 net income $29.1M, EPS $1.59 (+29% YoY); premiums down 20%; declares $0.34 dividend
Employers Holdings, Inc.
- Net income $29.1M ($1.59 diluted EPS) vs $29.7M ($1.23) prior year; adjusted EPS $0.70 vs $0.48.
- Gross premiums written $163.4M, down 19.6% YoY; net premiums earned $174.1M, down 12%.
- GAAP combined ratio 105.8% (106.7% ex-LPT) vs 105.6% (106.4% ex-LPT); loss ratio improved to 70.2%.
- Book value per share incl. Deferred Gain $52.58, up 9.0%; adjusted book value $53.26, up 5.6%.
- Declared $0.34/share dividend payable Aug 26, 2026; repurchased 651,752 shares at avg $42.43 in Q2.