DERIDDER, La.--(BUSINESS WIRE)--AMERISAFE ANNOUNCES 2024 FOURTH QUARTER AND FULL YEAR EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE.
Amerisafe (AMSF) reported earnings 30 days ago. What's next for the stock?
Amerisafe's core profits have declined since 2019, but the company generates more profit per dollar invested, increasing its long-term corporate value. Specializing in workers' compensation insurance for hazardous industries, AMSF maintains high client satisfaction with a 94.1% policy renewal rate and a low expense ratio. Despite a drop in NOPAT, Amerisafe's ROIC has improved, indicating better balance sheet efficiency and potential for future profit growth.
AMSF's results benefit from improved net premiums earned and fee and other income. Rising expenses and declining net investment income partially offset the positives.
AMERISAFE, Inc. (NASDAQ:AMSF ) Q3 2024 Earnings Conference Call October 24, 2024 10:30 AM ET Company Participants Kathryn Shirley - Chief Administrative Officer Janelle Frost - President & CEO Andy Omiridis – EVP & CFO Conference Call Participants Matt Carletti - Citizens JMP Mark Hughes - Truist Operator Good day, and welcome to the AMERISAFE's Third Quarter 2024 Earnings Conference Call. Today's conference is being recorded.
Although the revenue and EPS for Amerisafe (AMSF) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Amerisafe (AMSF) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.61 per share a year ago.
DERIDDER, La.--(BUSINESS WIRE)--AMERISAFE DECLARES SPECIAL DIVIDEND OF $3.00 PER SHARE AND REGULAR QUARTERLY DIVIDEND.
DERIDDER, La.--(BUSINESS WIRE)--AMERISAFE ANNOUNCES 2024 THIRD QUARTER RESULTS.
Uncertainty surrounds the stock due to AMSF's continuous decline in net premiums earned over the past several years.
DERIDDER, La.--(BUSINESS WIRE)--AMERISAFE Announces 2024 Third Quarter Earnings Release and Conference Call Schedule.
AMERISAFE's (AMSF) second-quarter earnings suffer from an increase in operating expenses. Improved premiums partially offset the negatives.