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

Amerisafe

28/04/2022 04:10

* Amerisafe Inc  AMSF.OQ  reported quarterly adjusted
earnings of
82 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
66 cents per share.
    * Revenue fell 9.3% to $75.56 million from a year ago; 
analysts
expected $71.99 million. 
    * Amerisafe Inc's reported EPS for the quarter was 89
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
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 8.6% this quarter and
lost 15.6% so far this year.
    * The company reported quarterly net income of $17.33
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 April 28 at 03:10 a.m.  ​All
figures in US dollars unless otherwise stated