Investing.com - AMERISAFE reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
AMERISAFE announced earnings per share of $0.73 on revenue of $71.40. Analysts polled by Investing.com anticipated EPS of $0.75 on revenue of $67.52M.
AMERISAFE shares are up 102.69% from the beginning of the year, still down 13.21% from its 52 week high of $60.83 set on November 2, 2021.
AMERISAFE shares gained 4.98% in after-hours trade following the report.
AMERISAFE follows other major Financial sector earnings this month
AMERISAFE's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar