Amerisafe Inc expected to post earnings of 63 cents a share - Earnings Preview

Amerisafe

27/07/2024 24:43

* Amerisafe Inc  AMSF.OQ   AMSF.O  is expected to show a
fall in
quarterly revenue when it reports  results on July 29 for the
period ending June 30 2024
    * The Deridder Louisiana-based  company is expected to
report a
1.9% decrease in revenue to $74.195 million from $75.66 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. (Sales/Revenue Majority Basis is on Total
Revenue)
    * ​LSEG's mean analyst estimate for Amerisafe Inc is for
earnings
of 63 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Amerisafe
Inc is
$48.00​, below​ its last closing price of $50.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.71        0.70       0.69      Missed  -2
 Dec. 31 2024  0.72        0.71       0.74      Beat    4.7
 Sep. 30 2023  0.69        0.69       0.61      Missed  -11.3​
 Jun. 30 2023  0.73        0.72       0.73      Beat    1
 ​​Mar.        0.73        0.72       0.83      Beat    15.9
 31 2023                                                
 Dec. 31 2022  0.80        0.77       0.84      Beat    8.6​
 Sep. 30 2022  0.79        0.75       0.73      Missed  -2.2
 Jun. 30 2022  0.69        0.68       0.68      Met     0.4
 This summary was machine generated July 26 at 23:43 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)