Core Viewpoint - AMERISAFE, Inc. (AMSF) is expected to report its fourth-quarter 2025 results on February 25, 2026, with earnings estimated at 57 cents per share and revenues of $80.31 million [1]. Earnings Estimates - The earnings estimate for Q4 2025 indicates a 14.9% decline compared to the previous year, while revenue is projected to rise by 9.3% year-over-year [2]. - For the full year 2025, AMERISAFE's revenue is estimated at $310.06 million, reflecting a 3.3% increase year-over-year, but the EPS consensus is $2.25, indicating an 11.1% decline from the previous year [2]. Historical Performance - AMERISAFE has beaten the consensus estimate in two of the last four quarters, met once, and missed once, with an average surprise of 2.4% [3]. Earnings Prediction Model - The current model does not predict an earnings beat for AMSF, as it has an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold) [4]. Factors Influencing Q4 Results - The consensus estimate for net premiums earned is $73.5 million, a 10.5% increase year-over-year, which is expected to contribute to revenue growth, although this may be offset by a 3.5% decline in net investment income, estimated at $6.7 million [6]. - Increased operating expenses are anticipated to negatively impact profit levels, with the net loss ratio expected to rise to 59.8% from 56.4% a year ago, and the net combined ratio projected at 90.8%, up from 86.1% [7]. Industry Performance Comparison - Other major insurers have reported their Q4 2025 results, with Marsh & McLennan Companies reporting adjusted EPS of $2.12, exceeding estimates by 7.6% due to growth in various service units [8]. - Aon reported adjusted earnings of $4.85 per share, surpassing estimates by 1.9%, driven by strong organic revenue growth and high retention rates [9]. - Hartford Insurance reported adjusted operating earnings of $4.06 per share, exceeding estimates by 27.9%, supported by higher net investment income and improved loss ratios [11].