$49.090
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Noticias de EIG
Eventos de EIG
Company Reports Q2 Revenue of $220.2M, Beating Expectations
Reports Q2 revenue $220.2M, consensus $203.51M. Chief Executive Officer Katherine Antonello commented: "This was another quarter defined by discipline, and the results of that discipline are becoming visible where it matters most, in our per-share results. Diluted earnings per share grew 29% year-over-year and adjusted earnings per share grew 46%, even as net income was essentially flat. These results reflect the accretive impact of our recapitalization strategy and the share repurchases we have executed as a part of it."
Employers Holdings Appoints Jeffrey Lisenby as Executive VP, General Counsel
Employers Holdings announced the appointment of Jeffrey Lisenby as executive VP, general counsel. Lisenby joins Employers from ProAssurance Corporation, a multiline specialty insurance holding company, where he spent 25 years as the company's executive VP, general counsel, and corporate secretary and a member of its executive leadership team.
Company Board Approves New $125M Stock Repurchase Program
The company's board of directors authorized a new stock repurchase program to allow for repurchases of up to $125M of common stock from May 4 through December 31, 2027. The new program replaces the prior program, whose repurchase authorization was fully utilized, and was scheduled to expire on December 31.
Company Reports Q1 Revenue of $207.6M
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%."
Company Board Declares Quarterly Dividend Increase to 34 Cents per Share
The company's board of directors declared an increase in its regular quarterly dividend to 34c per share, an increase of 6.25%. The dividend is payable on May 27 to stockholders of record as of May 13.
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