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Amerisafe: 1Q Earnings Snapshot

DERIDDER, La. (AP) _ Amerisafe Inc. (AMSF) on Wednesday reported first-quarter profit of $10.8 million.

The Deridder, Louisiana-based company said it had profit of 56 cents per share. Earnings, adjusted for investment costs, were 88 cents per share.

The insurance provider posted revenue of $79.2 million in the period. Its adjusted revenue was $86.9 million.

Amerisafe shares have climbed 2% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $67.50, an increase of 15% in the last 12 months.

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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