Amerisafe (AMSF) Misses Q4 EPS by 71c

Amerisafe (NASDAQ: AMSF) reported Q4 EPS of $0.18, $0.71 worse than the analyst estimate of $0.89. Revenue for the quarter came in at $67.73 million versus the consensus estimate of $74.87 million.

G. Janelle Frost, President and Chief Executive Officer, stated, “Our specialty is underwriting and servicing high-hazard workers’ compensation and in 2021, our strength in those specialties counterbalanced slow economic growth, strong competition, declining rates, and a variety of pandemic-related uncertainties. We were responsive to the competitive environment, while applying disciplined pricing, and continued our long-held commitment to personalized claims management. Despite experiencing our first catastrophic claim, we are pleased to report a combined ratio of 85.7% and a return on average equity of 15.7% for 2021.”

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

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