DERIDDER, La. (AP) — DERIDDER, La. (AP) — Amerisafe Inc. (AMSF) on Wednesday reported third-quarter earnings of $13.8 million.
The Deridder, Louisiana-based company said it had profit of 72 cents per share. Earnings, adjusted for investment gains, were 55 cents per share.
The insurance provider posted revenue of $82 million in the period. Its adjusted revenue was $77.9 million.
Amerisafe shares have declined 23% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $39.73, a fall of 28% in the last 12 months.
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