Amerisafe (AMSF) Q3 Earnings Meet Estimates

Core Insights - Amerisafe reported quarterly earnings of $0.55 per share, matching the Zacks Consensus Estimate, but down from $0.58 per share a year ago [1] - The company posted revenues of $77.86 million for the quarter, missing the Zacks Consensus Estimate by 0.53%, and up from $74.66 million year-over-year [2] - Amerisafe shares have declined approximately 21.2% year-to-date, contrasting with the S&P 500's gain of 17.2% [3] Earnings Performance - The company has surpassed consensus EPS estimates two times over the last four quarters [1] - The earnings outlook for Amerisafe is uncertain, with current consensus EPS estimates at $0.58 for the upcoming quarter and $2.25 for the current fiscal year [7] Estimate Revisions and Market Position - The trend for estimate revisions prior to the earnings release was unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The Insurance - Accident and Health industry is currently ranked in the bottom 34% of over 250 Zacks industries, suggesting potential challenges for stocks in this sector [8]