Employers Holdings (EIG) Q3 Earnings Beat Estimates

HomeInvesting

Employers Holdings (EIG) Q3 Earnings Beat Estimates

Employers Holdings (EIG) got here out with quarterly earnings of $0.88 per share, beating the Zacks


Employers Holdings (EIG) got here out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.98 per share a yr in the past. These figures are adjusted for non-recurring gadgets.

This quarterly report represents an earnings shock of 46.67%. 1 / 4 in the past, it was anticipated that this supplier of workers-compensation insurance coverage would submit earnings of $0.49 per share when it really produced earnings of $0.90, delivering a shock of 83.67%.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates 4 instances.

Employers Holdings, which belongs to the Zacks Insurance coverage – Accident and Well being business, posted revenues of $198.40 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 2.54%. This compares to year-ago revenues of $228.90 million. The corporate has topped consensus income estimates simply as soon as during the last 4 quarters.

The sustainability of the inventory’s…



nasdaq.com