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Sep 30, 2024
Employers Q3 2024 Earnings Report
Employers Holdings reported an increase in net income per diluted share and net premiums earned, while gross premiums written decreased. Record number of ending policies in-force was achieved.
Key Takeaways
Employers Holdings, Inc. reported its Q3 2024 financial results, featuring a 124% increase in net income per diluted share and a 1% increase in net premiums earned. The company also achieved a record number of policies in-force. However, gross premiums written decreased by 8%.
Net income per diluted share increased by 124%, from $0.54 to $1.21.
Adjusted net income per diluted share increased 19%, from $0.68 to $0.81.
Net premiums earned increased 1%, from $184.6 million to $186.6 million.
Record number of ending policies in-force of 129,879, up 3% year-over-year.
Forward Guidance
No specific forward guidance provided in the release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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