AMERISAFE Stock Gains 8.1% Since Q3 Earnings Beat Estimates
AMERISAFE(AMSF) ZACKS·2024-10-29 23:40
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 ...