Employers Holdings Q2 2024 Adj. EPS $1.10 Beats $1.08 Estimate, Sales $217.000M Miss $223.820M Estimate
Portfolio Pulse from Benzinga Newsdesk
Employers Holdings (NYSE:EIG) reported Q2 2024 adjusted EPS of $1.10, beating the estimate of $1.08, but sales of $217 million missed the $223.82 million estimate. EPS decreased by 5.98% year-over-year, while sales increased by 0.84%.
July 31, 2024 | 9:16 pm
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Employers Holdings reported Q2 2024 adjusted EPS of $1.10, beating the estimate of $1.08, but sales of $217 million missed the $223.82 million estimate. EPS decreased by 5.98% year-over-year, while sales increased by 0.84%.
The mixed results, with EPS beating but sales missing estimates, suggest a neutral short-term impact on the stock price. The year-over-year decrease in EPS and slight increase in sales add to the mixed sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100