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Amerisafe Inc.

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Amerisafe’s earnings per share of $0.71, missed the Zacks Consensus Estimate by 21%. Results also fared very poorly compared with the year-ago earnings of $1.26 per share. Earnings were affected by lower revenues stemming from a decline in premiums as the company slashed prices in order to counter a soft and competitive market. Amerisafe is facing headwinds from a soft pricing environment, stiff competition. The shares of the company have underperformed its subsector over the past one year.  Nevertheless, the company’s efficient claims management, good underwriting results, favorable loss and frequency trends, prudent reserve analytics, and improved operating leverage impress. Moreover, Amerisafe has maintained a niche market position in the workers' compensation market.

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