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

Amerisafe

27/07/2023 23:35

* Amerisafe Inc  AMSF.OQ  reported quarterly adjusted
earnings of
73 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
72 cents per share.
    * Revenue rose 11.2% to $75.66 million from a year ago;
analysts
expected $76.20 million. 
    * Amerisafe Inc's reported EPS for the quarter was 81
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Amerisafe Inc shares had risen by 5.0% this quarter and
gained 7.7% so far this year.
    * The company reported quarterly net income of $15.63
million.
    * Wall Street's median 12-month price target for Amerisafe
Inc is
$55.00 
    * 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 LSEG Refinitiv data July
27 at 10:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.72           0.73           Beat
 Mar. 31 2023      0.72           0.83           Beat
 Dec. 31 2022      0.77           0.84           Beat
 Sep. 30 2022      0.75           0.73           Missed