Latest News by Industry
DERIDDER, La. (AP) — DERIDDER, La. (AP) — Amerisafe Inc. (AMSF) on Wednesday reported fourth-quarter profit of $19.2 million.
On a per-share basis, the Deridder, Louisiana-based company said it had net income of $1. Earnings, adjusted for investment gains, were 74 cents per share.
The insurance provider posted revenue of $80.1 million in the period. Its adjusted revenue was $73.9 million.
For the year, the company reported profit of $62.1 million, or $3.23 per share. Revenue was reported as $299 million.
Amerisafe shares have climbed 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $49.10, a drop of roughly 10% 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