AMERISAFE Q3 2024 Adj. EPS $0.75 Beats $0.58 Estimate, Sales $78.695M Beat $75.320M Estimate
Portfolio Pulse from Benzinga Newsdesk
AMERISAFE (NASDAQ:AMSF) reported Q3 2024 earnings per share of $0.75, surpassing the analyst estimate of $0.58 by 29.31%. The company's sales were $78.695 million, exceeding the expected $75.320 million and marking an 8.34% increase from the previous year.
October 23, 2024 | 8:11 pm
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POSITIVE IMPACT
AMERISAFE's Q3 2024 earnings and sales exceeded expectations, with EPS at $0.75 against a $0.58 estimate and sales at $78.695M against a $75.320M estimate. This indicates strong financial performance and growth.
AMERISAFE's earnings per share and sales both exceeded analyst expectations significantly, indicating strong financial health and potential for stock price appreciation. The 8.34% year-over-year sales growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100