Amerisafe (AMSF) Tops Q1 EPS by 9c

Amerisafe (NASDAQ: AMSF) reported Q1 EPS of $0.88, $0.09 better than the analyst estimate of $0.79.

G. Janelle Frost, President and Chief Executive Officer, noted, “AMERISAFE, like so many others, is protecting the safety and health of its employees and customers by following guidance of state and federal authorities. While doing so, we produced a net combined ratio of 83.5% in the first quarter, while providing uninterrupted service to our policyholders, agents and injured workers. This was a good start to a year in which businesses around the world are facing unprecedented times. I believe our foundation is firm with strong liquidity, no debt, disciplined operations and a dedicated workforce.”

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

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