Employers (NYSE:EIG – Get Free Report) will be announcing its earnings results after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.78 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Employers (NYSE:EIG – Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.02. The business had revenue of $217.00 million during the quarter, compared to analyst estimates of $223.82 million. Employers had a net margin of 13.76% and a return on equity of 9.95%. Employers’s revenue was up .8% compared to the same quarter last year. During the same period last year, the business earned $1.17 EPS. On average, analysts expect Employers to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Employers Stock Performance
NYSE:EIG opened at $48.03 on Wednesday. The firm has a market cap of $1.22 billion, a P/E ratio of 10.17 and a beta of 0.24. Employers has a fifty-two week low of $36.65 and a fifty-two week high of $50.00. The firm has a 50-day simple moving average of $47.68 and a two-hundred day simple moving average of $44.86.
Employers Dividend Announcement
Analysts Set New Price Targets
Separately, JMP Securities raised shares of Employers to a “hold” rating in a report on Thursday, August 1st.
Read Our Latest Stock Report on EIG
About Employers
Employers Holdings, Inc, through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. The company operates in two segments, Employers and Cerity. It offers workers’ compensation insurance to small businesses in low to medium hazard industries under the Employers and Cerity brands.
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