Employers Holdings Q3 Adj $0.81 Beats $0.78 Estimate, Sales $224.00M Miss $225.19M Estimate
Portfolio Pulse from Benzinga Newsdesk
Employers Holdings reported Q3 earnings of $0.81 per share, beating estimates of $0.78, marking a 19.12% increase from last year. However, sales of $224M missed the $225.19M estimate, though they increased by 10.07% from the previous year.
October 30, 2024 | 9:06 pm
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Employers Holdings reported Q3 earnings of $0.81 per share, surpassing expectations, but sales slightly missed estimates. Earnings increased significantly year-over-year.
The positive earnings surprise and significant year-over-year growth in earnings per share are likely to have a positive impact on the stock price. The slight miss in sales is less significant given the overall growth and earnings beat.
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