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

Amerisafe

25/10/2023 22:02

* Amerisafe Inc  AMSF.OQ  reported quarterly adjusted
earnings of
61 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of 69 cents per share.
    * Revenue rose 1.8% to $72.64 million from a year ago;
analysts
expected $74.44 million. 
    * Amerisafe Inc's reported EPS for the quarter was 52
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Amerisafe Inc shares had risen by 3.7% this quarter and
lost 0.1% so far this year.
    * The company reported quarterly net income of $9.96
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
October 25 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.69           0.61           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