NASDAQ$AMSF

Amerisafe Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

AMERISAFE's second quarter results were announced, with a reported net combined ratio of 86.7%.

AMERISAFE reported a decrease in net income and diluted earnings per share for the second quarter of 2022, while gross written premiums saw a slight increase.

  • Net income decreased by 74.2% compared to the second quarter of 2021.
  • Diluted earnings per share decreased by 74.0% compared to the second quarter of 2021.
  • The net combined ratio was reported as 86.7%.
  • Gross written premiums increased by 1.0% compared to the second quarter of 2021.

Headline financials

Total Revenue

$68M

Previous: $81.2M-16.2%
EPS (adj)

$0.68

Previous: $1.04-34.6%
Net Combined Ratio

86.7%

Previous: 74.4%+16.5%
Return on Average Equity

6.3%

Previous: 20.8%-69.7%
Capital Expenditures

-$1.03M

Previous: -$589K-75.2%
Free Cash Flow

$5.1M

Previous: $23.2M-78.0%
Net Income

$6.13M

Previous: $23.8M-74.2%
Operating Income

$20.8M

Previous: $41.6M-50.0%
Gross Profit

$27M

Previous: $47.6M-43.3%
Cash & Equivalents

$85.3M

Previous: $57.5M+48.3%
Total Assets

$1.38B

Previous: $1.51B-8.3%
Stock-Based Comp

$850K

Previous: $736K+15.5%

Revenue & EPS history

Amerisafe · Revenue · Quarterly

$68M

Q2 2022-16.2%vs Q2 2021
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

AMERISAFE has scheduled a conference call for July 29, 2022, at 10:30 a.m. Eastern Time to discuss the results for the quarter and comment on future periods.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.7%

Avg return

Earnings day

-0.0%

Avg return

5 days after

-0.8%

Avg return

30 days after

53%

35 / 66 earnings

Positive

+13.7%

Q4 2012

Best reaction

-12.6%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.8%+5.9%+3.6%
Q4 2025-8.9%-7.0%-11.3%
Q3 2025+0.6%+1.0%+2.7%
Q2 2025-0.8%-0.8%-4.0%
Q1 2025-1.4%+1.3%+2.1%
Q4 2024-0.1%+0.2%+3.6%
Q3 2024+10.6%+8.1%+15.6%
Q2 2024-5.5%-7.0%-2.1%
Q1 2024-10.0%-11.6%-12.4%
Q4 2023+1.3%+4.2%-0.1%
Q3 2023-1.8%-2.2%-0.6%
Q2 2023-5.7%-5.6%-8.3%
Q1 2023+4.7%+5.5%-2.5%
Q4 2022-2.1%-2.9%-12.0%
Q3 2022+8.0%+9.2%+7.6%
Q2 2022-5.7%-6.1%+2.0%
Q1 2022+7.0%+3.7%+10.0%
Q4 2021-12.6%-12.2%-6.7%
Q3 2021+2.2%+5.5%-6.9%
Q2 2021+0.6%+1.5%+1.4%
Q1 2021-0.4%+3.1%+5.1%
Q4 2020+1.1%-0.4%+10.0%
Q3 2020+1.6%+3.4%-3.5%
Q2 2020-1.0%-1.3%+4.4%
Q1 2020-0.4%-2.6%-4.0%
Q4 2019+8.9%+6.7%-24.2%
Q3 2019+7.5%+9.9%+5.7%
Q2 2019-0.1%-2.0%+4.7%
Q1 2019+1.0%+2.7%+0.6%
Q4 2018+2.0%-0.1%-4.0%
Q3 2018+5.5%+5.6%+1.6%
Q2 2018+1.1%-0.7%+1.6%
Q1 2018+8.5%+4.9%+6.0%
Q4 2017-0.9%-4.5%-5.4%
Q3 2017+5.7%+6.0%+8.1%
Q2 2017+2.9%+1.2%-5.8%
Q1 2017-11.7%-12.2%-21.0%
Q4 2016+3.9%-0.8%-2.4%
Q3 2016+2.5%-0.7%+16.0%
Q2 2016-6.4%-10.7%-5.6%
Q1 2016+5.8%
Q4 2015+1.1%
Q3 2015+5.3%
Q2 2015+6.9%
Q1 2015-2.8%
Q4 2014-3.5%
Q3 2014-1.5%
Q2 2014+0.8%
Q1 2014-2.2%
Q4 2013+12.0%
Q3 2013-0.6%
Q2 2013-5.7%
Q1 2013-1.1%
Q4 2012+13.7%
Q3 2012-1.2%
Q2 2012+3.9%
Q1 2011+1.0%
Q1 2012+2.9%
Q4 2009+0.1%
Q4 2011+0.1%
Q4 2010+0.1%
Q3 2010-0.9%
Q3 2011-0.9%
Q2 2010-0.7%
Q2 2011-0.7%
Q1 2010-0.7%

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