AMERISAFE (AMSF) Beats Q4 Earnings, Hikes Dividend by 8.8%

AMERISAFE, Inc. (AMSF) reported fourth-quarter 2023 adjusted earnings per share (EPS) of 74 cents, which outpaced the Zacks Consensus Estimate by 12.1%. However, the bottom line fell 11.9% year over year.Operating revenues of $74 million remained flat year over year. The top line fell short of the consensus mark by 1.7%.The quarterly results benefited on the back of higher gross premiums written, an increase in voluntary premiums due to expanding policy count coupled with favorable payroll audits and relate ...