Earnings Outlook For AMERISAFE

On Thursday, April 29, AMERISAFE AMSF will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street expects EPS of $0.73 and sales around $78.73 million. In the same quarter last year, AMERISAFE reported earnings per share of $0.88 on sales of $79.17 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to match the consensus estimate, earnings would be down 17.05%. Sales would have fallen 0.55% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Over the past 52-week period, shares of AMERISAFE have declined 3.6%.

Do not be surprised to see the stock move on comments made during its conference call. AMERISAFE is scheduled to hold the call at 10:30:00 ET and can be accessed here.