Amerisafe Inc expected to post earnings of 70 cents a share - Earnings Preview

Amerisafe

22/04/2024 23:48

* Amerisafe Inc  AMSF.OQ   AMSF.O  is expected to show a
fall in
quarterly revenue when it reports  results on April 24 for the
period ending March 31 2024
    * The Deridder Louisiana-based  company is expected to
report a
4.2% decrease in revenue to $75.171 million from $78.44 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 70 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
$48.50​, below​ its last closing price of $51.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  0.73        0.72       0.83      Beat    15.9
 ​​Dec.        0.80        0.77       0.84      Beat    8.6
 31 2022                                                
 Sep. 30 2022  0.79        0.75       0.73      Missed  -2.2​
 Jun. 30 2022  0.69        0.68       0.68      Met     0.4
 Mar. 31 2022  0.66        0.66       0.82      Beat    24.2
 This summary was machine generated April 22 at 22:48 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)