Amerisafe (AMSF) Tops Q3 EPS

Amerisafe (NASDAQ: AMSF) reported Q3 EPS of $1.01, $0.23 better than the analyst estimate of $0.78.

G. Janelle Frost, President and Chief Executive Officer, noted, “Industry wide loss costs continued to decline this quarter, making workers’ compensation the only commercial line with rate decreases passed on to policyholders. Such an environment sets the stage for carriers to compete for premium dollars. AMERISAFE’s history and current year results reflect our discipline to evaluate and price our risk for long-term stability and profitability. It is because of that discipline that our board is pleased to declare a special dividend of $3.50 to our shareholders, while maintaining adequate capital to protect our policyholders and efficiently operate our company.

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

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