Amerisafe (AMSF) Tops Q4 EPS by 36c

Amerisafe (NASDAQ: AMSF) reported Q4 EPS of $1.22, $0.36 better than the analyst estimate of $0.86.

G. Janelle Frost, President and Chief Executive Officer, noted, “Insurance is all about risk, and 2020 was unparalleled in terms of risks converging in one year. A global pandemic, natural disasters, and a recession, coupled with a soft workers’ compensation market, made 2020 a unique challenge. We successfully met this challenge through our employees’ dedication to service and the strong foundation built over years of discipline in underwriting and claims management. For the year, this culminated in a combined ratio of 76.3%, slightly better than 2019, and a return on average equity of 19.9%.”

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

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