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Amerisafe: 1Q Earnings Snapshot

DERIDDER, La. (AP) _ Amerisafe Inc. (AMSF) on Wednesday reported first-quarter earnings of $19.4 million.

The Deridder, Louisiana-based company said it had net income of $1.01 per share. Earnings, adjusted for investment gains, were 91 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share.

The insurance provider posted revenue of $95.2 million in the period. Its adjusted revenue was $93 million.

Amerisafe shares have increased almost 4% since the beginning of the year. The stock has dropped 1% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMSF at https://www.zacks.com/ap/AMSF