Amerisafe (AMSF) Tops Q2 EPS by 5c

Amerisafe (NASDAQ: AMSF) reported Q2 EPS of $0.84, $0.05 better than the analyst estimate of $0.79.

Commenting on these results, Allen Bradley, AMERISAFE’s Executive Chairman, stated, “NCCI’s President & CEO Steve Klingel recently characterized the U. S. workers’ compensation market as ‘Calm now….but turbulence ahead.’ His comments acknowledge the solid performance in 2013 and 2014 while reminding stakeholders and others that the market is cyclical and subject to significant fluctuations in results. Despite an increase in competition, we believe this market remains relatively attractive. Major carriers continue to exercise discipline in underwriting and industry claims metrics in terms of frequency and severity are favorable.”

For earnings history and earnings-related data on Amerisafe (AMSF) click here.

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