Employers Holdings reports Q1 adjusted EPS 53c, consensus 51c

Reports Q1 revenue $207.6M, consensus $213.04M. Chief Executive Officer Katherine Antonello commented: “This was a quarter defined by discipline. We made a deliberate choice to prioritize underwriting quality over volume, and the results reflect that commitment: our underwriting expense ratio improved, our actuarial estimates came in on target, and we returned $83.0 million to shareholders while growing book value per share including the Deferred Gain by 8.9%.”