Employers Holdings Q3 Adj EPS $0.68 Misses $0.69 Estimate, Sales $203.50M Miss $214.70M Estimate
Portfolio Pulse from mahesh@benzinga.com
Employers Holdings (NYSE:EIG) reported Q3 earnings of $0.68 per share, missing the analyst consensus estimate of $0.69 by 1.45%. This is a 21.43% increase from last year. The company also reported quarterly sales of $203.50 million, missing the analyst consensus estimate of $214.70 million by 5.22%. This is a 0.44% decrease from last year.

October 25, 2023 | 8:43 pm
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NEGATIVE IMPACT
Employers Holdings' Q3 earnings and sales missed analyst estimates. However, earnings increased by 21.43% YoY, while sales decreased by 0.44% YoY.
Employers Holdings' Q3 earnings and sales missed analyst estimates, which could negatively impact investor sentiment and the stock price in the short term. However, the YoY increase in earnings could provide some positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100