Amerisafe Inc reports results for the quarter ended in June - Earnings Summary

Amerisafe

28/07/2022 23:30

* Amerisafe Inc  AMSF.OQ  reported quarterly adjusted
earnings of
68 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
68 cents per share.
    * Revenue fell 16.2% to $68.04 million from a year ago;
analysts
expected $71.14 million. 
    * Amerisafe Inc's reported EPS for the quarter was 32
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.2%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Amerisafe Inc shares had fallen by 7.1% this quarter and
lost 10.3% so far this year.
    * The company reported quarterly net income of $6.13
million.
    * Wall Street's median 12-month price target for Amerisafe
Inc is
$57.50 
    * 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." 

This summary was machine generated from Refinitiv data July 28
at 10:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.68           0.68           Met
 Mar. 31 2022      0.66           0.82           Beat
 Dec. 31 2021      0.90           0.00           Missed
 Sep. 30 2021      0.77           1.02           Beat