Employers (NYSE:EIG) reported quarterly earnings, exceeding analyst EPS expectations at $0.66 against an estimated $0.41, despite revenue of $170.5 million falling short of the $217.35 million consensus. The stock traded up to $42.54, reflecting a market cap of $956 million and a P/E of 16.8. Institutional investors hold approximately 80.5% of the shares, and analysts maintain a “Hold” rating on the financial services provider.
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Employers (NYSE:EIG) Issues Quarterly Earnings Results
Employers (NYSE:EIG) reported quarterly earnings, exceeding analyst EPS expectations at $0.66 against an estimated $0.41, despite revenue of $170.5 million falling short of the $217.35 million consensus. The stock traded up to $42.54, reflecting a market cap of $956 million and a P/E of 16.8. Institutional investors hold approximately 80.5% of the shares, and analysts maintain a “Hold” rating on the financial services provider.