Quarterly ResultMay 1, 2026, 04:23 PM
Employers Holdings Q1 Net Income $10.2M, EPS $0.53; Dividend $0.32
AI Summary
Employers Holdings reported a decrease in net income for Q1 2026 to $10.2 million, down from $12.8 million in Q1 2025, despite a slight increase in total revenues to $207.6 million. Basic earnings per share rose slightly to $0.53. The company also declared a cash dividend of $0.32 per common share and significantly increased its long-term debt to $125.0 million while reducing short-term debt to zero. Net cash provided by operating activities saw a substantial decline.
Key Highlights
- Net income decreased 20.3% to $10.2 million for Q1 2026.
- Basic EPS increased to $0.53 for Q1 2026 from $0.52 in Q1 2025.
- Total revenues rose 2.5% to $207.6 million for Q1 2026.
- Cash dividends declared per share increased to $0.32.
- Long-term debt surged to $125.0 million from $19.0 million.
- Net cash from operating activities fell 84.9% to $2.2 million.
- Acquired $77.6 million of common stock for treasury.
- Total stockholders' equity decreased to $866.5 million from $955.7 million.