AMERISAFE Q3 Adj EPS $0.61 Misses $0.69 Estimate, Sales $72.64M Miss $74.44M Estimate
Portfolio Pulse from bharat@benzinga.com
AMERISAFE (NASDAQ:AMSF) reported Q3 earnings of $0.61 per share, missing the analyst consensus estimate of $0.69 by 11.59%. This is a 16.44% decrease from the same period last year. The company also reported quarterly sales of $72.64 million, missing the analyst consensus estimate of $74.44 million by 2.42%. However, this is a 1.77% increase from the same period last year.
October 25, 2023 | 8:30 pm
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AMERISAFE's Q3 earnings and sales missed estimates, which could negatively impact the stock in the short term.
AMERISAFE's Q3 earnings and sales fell short of analyst estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100