Amerisafe (AMSF - Free Report) reported $75.94 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 1.1%. EPS of $0.69 for the same period compares to $0.83 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $75.22 million, representing a surprise of +0.95%. The company delivered an EPS surprise of +4.55%, with the consensus EPS estimate being $0.66.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Amerisafe performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Loss Ratio: 58.4% compared to the 60% average estimate based on two analysts.
- Net Combined Ratio: 87.3% compared to the 88.7% average estimate based on two analysts.
- Net underwriting Expense Ratio: 27.3% versus 28% estimated by two analysts on average.
- Revenues- Net investment income: $7.37 million versus $8.02 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.9% change.
- Revenues- Fee and other income: $0.12 million versus $0.18 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -37.6% change.
- Revenues- Net premiums earned: $68.45 million versus $67.03 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -1.1% change.
View all Key Company Metrics for Amerisafe here>>>Shares of Amerisafe have returned +3.1% over the past month versus the Zacks S&P 500 composite's -3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
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It’s not even close. Despite ups and downs, Bitcoin has been more profitable for investors than any other decentralized, borderless form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks predicts another significant surge in months to come.
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Amerisafe (AMSF - Free Report) reported $75.94 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 1.1%. EPS of $0.69 for the same period compares to $0.83 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $75.22 million, representing a surprise of +0.95%. The company delivered an EPS surprise of +4.55%, with the consensus EPS estimate being $0.66.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Amerisafe performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Loss Ratio: 58.4% compared to the 60% average estimate based on two analysts.
- Net Combined Ratio: 87.3% compared to the 88.7% average estimate based on two analysts.
- Net underwriting Expense Ratio: 27.3% versus 28% estimated by two analysts on average.
- Revenues- Net investment income: $7.37 million versus $8.02 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.9% change.
- Revenues- Fee and other income: $0.12 million versus $0.18 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -37.6% change.
- Revenues- Net premiums earned: $68.45 million versus $67.03 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -1.1% change.
View all Key Company Metrics for Amerisafe here>>>Shares of Amerisafe have returned +3.1% over the past month versus the Zacks S&P 500 composite's -3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
Highest Returns for Any Asset Class
It’s not even close. Despite ups and downs, Bitcoin has been more profitable for investors than any other decentralized, borderless form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks predicts another significant surge in months to come.
Hurry, Download Special Report – It’s FREE >>
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