Group 1 - Amerisafe reported quarterly earnings of $0.67 per share, exceeding the Zacks Consensus Estimate of $0.60 per share, but down from $0.74 per share a year ago, representing an earnings surprise of 11.67% [1] - The company posted revenues of $73.51 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 4.90%, compared to $73.88 million in the same quarter last year [2] - Over the last four quarters, Amerisafe has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Group 2 - The stock's immediate price movement will depend on management's commentary on the earnings call and the sustainability of earnings expectations [3][4] - Amerisafe shares have underperformed the market, losing about 0.1% since the beginning of the year, while the S&P 500 gained 1.3% [3] - The current consensus EPS estimate for the coming quarter is $0.56 on revenues of $76.94 million, and for the current fiscal year, it is $2.18 on revenues of $314.81 million [7] Group 3 - The Zacks Industry Rank for Insurance - Accident and Health is currently in the top 32% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The current estimate revisions trend for Amerisafe is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it will perform in line with the market in the near future [6]

Financial Performance - AMERISAFE reported a net income of $55.4 million for the year 2024, with a return on equity of 20.2%[1][3]. - The company experienced a 31.2% decline in net income for Q4 2024 compared to Q4 2023, dropping to $13.2 million[3][8]. - Operating net income for the full year 2024 decreased by 13.5% to $48.4 million compared to 2023[3][8]. - Net income for Q4 2024 was $13,194,000, down from $19,181,000 in Q4 2023, reflecting a decrease of 31.1%[19]. - Basic earnings per share (EPS) for Q4 2024 was $0.69, compared to $1.00 in Q4 2023, a decline of 31.0%[19]. Premiums and Revenues - Net premiums earned increased by 1.3% year-over-year to $270.6 million for the full year 2024[3][4]. - Gross premiums written rose by 3.1% year-over-year to $294.1 million for the full year 2024[4][5]. - Gross premiums written for Q4 2024 were $62,702,000, an increase from $60,324,000 in Q4 2023, representing a growth of 2.3%[19]. - Total revenues for the twelve months ended December 31, 2024, were $309,043,000, slightly up from $306,853,000 in 2023, indicating a growth of 0.4%[19]. Investment Income - The company’s net investment income fell by 6.8% to $29.2 million for the full year 2024[6][7]. - Net investment income decreased to $6,914,000 in Q4 2024 from $8,077,000 in Q4 2023, a decline of 14.4%[19]. - The company reported net unrealized gains on equity securities of $9,508,000 for the twelve months ended December 31, 2024, compared to $1,228,000 in 2023, an increase of 676.5%[19]. Expenses and Ratios - The net combined ratio for the year was 88.7%, up from 85.9% in 2023, indicating increased underwriting costs[3][4]. - The underwriting expense ratio increased to 29.6% for the full year 2024, compared to 29.3% in 2023[5][4]. - Total expenses for the twelve months ended December 31, 2024, were $239,987,000, up from $229,476,000 in 2023, an increase of 4.6%[19]. Assets and Equity - The company's total assets decreased to $1,157,791,000 as of December 31, 2024, from $1,229,162,000 in 2023, a reduction of 5.8%[21]. - Reserves for loss and loss adjustment expenses were $651,309,000 as of December 31, 2024, down from $673,994,000 in 2023, a decrease of 3.4%[21]. - Shareholders' equity decreased to $257,341,000 as of December 31, 2024, from $292,451,000 in 2023, a decline of 12.0%[21]. Dividends and Tax - AMERISAFE's board of directors announced a 5.4% increase in the quarterly dividend, raising it from $0.37 to $0.39 per share[7][8]. - The effective tax rate for the full year 2024 remained unchanged at 19.7%[5][7].

It has been about a month since the last earnings report for Amerisafe (AMSF) . Shares have added about 3.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Amerisafe due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. AMERISAFE’s Q3 Earnings Beat on Higher Premiums A ...

Specialty insurer, AMERISAFE, Inc. (NASDAQ: AMSF ), has faced declining core profits in each year since 2019, as a result of the after effects of the pandemic. Nevertheless, the business has continued to generate more and more profits for every dollar invested into theAn economics graduate with a passion for financial history; I apply my knowledge to markets in an effort to hopelessly predict trends and spot value. All opinions are my own and should not be taken seriously.Analyst’s Disclosure: I/we have no ...

AMERISAFE, Inc.'s (AMSF) shares have gained 8.1% since it reported third-quarter 2024 results on Oct. 23. The quarterly earnings benefited from improved net premiums earned and fee and other income. However, declining net investment income and an elevated operating expense level, resulting from an increase in loss and loss adjustment expenses incurred, partially offset the positives. AMSF reported third-quarter adjusted earnings per share (EPS) of 58 cents, which beat the Zacks Consensus Estimate by 3.6%. H ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-12251 AMERISAFE, INC. (Exact Name of Registrant as Specified in Its Charter) Texas 75-2069407 (State of Incorporation) (I.R.S. Employer ...

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. At this time, I'd like to turn the conference over to Kathryn Shirley, Chief Admin ...

Amerisafe (AMSF) reported $74.66 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 0.2%. EPS of $0.58 for the same period compares to $0.61 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $75.38 million, representing a surprise of -0.94%. The company delivered an EPS surprise of +3.57%, with the consensus EPS estimate being $0.56.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.57%. A quarter ago, it was expected that this insurance provider would post earnings of $0.61 per share when it actually produced earnings of $0.58, delivering a surprise of -4.92%.Over the last four quarters, the comp ...

Exhibit 99.1 LOGO AMERISAFE ANNOUNCES 2024 THIRD QUARTER RESULTS DeRidder, LA – October 23, 2024 - AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers' compensation insurance focused on high-hazard industries, today announced results for the third quarter ended September 30, 2024. | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------------------|------------------|----------------------------------------------- ...