Employers Holdings Q2 diluted EPS falls to $1.25 from $1.30; premiums rise 6%
Employers Holdings reported second quarter 2024 results, with net income per diluted share of $1.25 versus $1.30 a year earlier and adjusted net income per diluted share of $1.10 versus $1.17. Net premiums earned rose 6% to $187.8 million, but the GAAP combined ratio worsened to 94.2% from 90.4%, so headline profit fell while revenue grew. The board also declared a regular quarterly dividend of $0.30 per share.
Key points
- Net income per diluted share $1.25 vs $1.30; adjusted net income per diluted share $1.10 vs $1.17
- Net premiums earned $187.8 million, up 6%; GAAP combined ratio 94.2% vs 90.4%
- Quarterly dividend of $0.30 per share, payable August 28, 2024, to holders of record as of August 14, 2024
- Repurchased 461,789 shares in Q2 2024 at an average $41.53; $44.4 million remaining authorization
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.