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AMERISAFE (AMSF) Tops Q3 EPS by 20c

November 5, 2009 4:23 PM EST
AMSF Hot Sheet
EPS Growth %: +28.6%

Financial Fact:
Underwriting and certain other operating costs: 4.29M

Today's EPS Names:
VSNT, CIM, KH, More
AMERISAFE INC (NASDAQ: AMSF) reports Q3 EPS of $0.74, 20 cents better than the analyst estimate of $0.54. Revenue for the quarter was $67.2 million, which compares to the estimate of $72.80 million.

AMERISAFE's overall financial objective is to produce a return on equity of at least 15% over the long-term while maintaining optimal operating leverage in its insurance subsidiaries that is commensurate with its A. M. Best rating of "A-" (Excellent).

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