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Employers Holdings posts 1Q profit

RENO, Nev. (AP) _ Employers Holdings Inc. (EIG) on Wednesday reported first-quarter net income of $23.2 million.

On a per-share basis, the Reno, Nevada-based company said it had profit of 70 cents. Earnings, adjusted for non-recurring gains, came to 57 cents per share.

The provider of workers-compensation insurance posted revenue of $196.3 million in the period.

Employers Holdings shares have climbed 1.5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $40.20, an increase of 38 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EIG at https://www.zacks.com/ap/EIG

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Keywords: Employers Holdings, Earnings Report