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Employers Holdings Inc (EIG)
NYSE:EIG
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.99Last Year’s EPS
1.1Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: -2.57%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted several positive outcomes, such as record policy growth, significant investment income increase, and efficient expense management. However, these were counterbalanced by challenges like flat net premium growth, increased loss ratios, and investment losses. The company's strategic financial actions like dividend increase and stock repurchase indicate confidence, but the financial headwinds and pressures in specific markets suggest a cautious outlook.Company Guidance
During the First Quarter 2025 Earnings Call for Employers Holdings, Inc., several key financial metrics were discussed. The company reported a net premium earned of $183 million, a slight decrease of 1% from the previous year. Despite facing headwinds from lower new business and audit premium, the company achieved a record number of policies in force with a year-over-year growth rate of 4%. Net investment income rose by 20% to $32 million, the highest in its history as a public company. The accident year loss and LAE ratio increased from 64% to 66%, reflecting competitive rate environments and industry trends. The underwriting expense ratio improved to 23.4% from 25% a year ago. Gross premiums written were $212 million, up 1%, and net income was $12.8 million, impacted by $9 million in net after-tax unrealized investment losses. Additionally, the company repurchased $21 million of its common stock at an average price of $49.69 per share, and a new stock repurchase program of up to $125 million was authorized. A 7% increase in the quarterly dividend to $0.32 per share was also declared, reflecting confidence in the company's financial strength and prospects.Record Number of Policies in Force
Employers Holdings ended the quarter with a record number of policies in force, achieving a year-over-year growth rate of 4%.
Significant Increase in Net Investment Income
The company earned $32 million in net investment income during the quarter, an increase of 20% over the previous year and higher than any other quarter in its history as a publicly traded company.
Decrease in Underwriting Expense Ratio
Underwriting expense ratio decreased to 23.4% from 25% a year ago, indicating improved expense management.
Stock Repurchase and Dividend Increase
A new stock repurchase program of up to $125 million was authorized, and the quarterly dividend was increased by 7% to $0.32 per share.
Increase in Adjusted Net Income
Adjusted net income rose by 24% to $21.3 million from $17.2 million the previous year.
EIG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EIG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2025 | $47.78 | $48.94 | +2.43% |
Feb 20, 2025 | $48.21 | $48.35 | +0.29% |
Oct 30, 2024 | $47.08 | $47.85 | +1.64% |
Jul 31, 2024 | $46.84 | $45.17 | -3.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Employers Holdings Inc (EIG) report earnings?
Employers Holdings Inc (EIG) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Employers Holdings Inc (EIG) earnings time?
Employers Holdings Inc (EIG) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EIG EPS forecast?
EIG EPS forecast for the fiscal quarter 2025 (Q2) is 0.99.