(AMPH) American Physicians Service – Bull of the Day

October 27th, 2009

We are upgrading our recommendation on American Physicians Service Group (AMPH) from Neutral to Outperform. American Physicians second quarter operating earnings of 82 cents per share were significantly ahead of the Zacks Consensus Estimate of 66 cents.

Results were driven by better-than-expected results in the Financial Service segment, strong policyholder retention and favorable
developments from prior years. The company is also experiencing the benefits of the implementation of its cost containment measures.

Though declining rate continued to partially offset growth, policyholder retention, conservative reserve position and capital
position augur well for a solid growth path with the market recovery.

Zacks Investment Research
View original at: Zacks.com News Feed

More on this topic (What's this?)
Oppenheimer Removes Rating On AMPH (Benzinga, 9/28/10)
Read more on American Physicians Service Group at Wikinvest

Related Posts:

  1. (AIG) American International Group Bonuses in QuestionAccording to an overseer’s report released on Tuesday, the U.S. Treasury Department is pressing the...
  2. (ACAP) American Physicians Improves – Analyst BlogAmerican Physicians Capital, Inc. (ACAP) announced a net income of $11.0 million or $1.30 per...
  3. (AMMD) American Medical Services – Aggressive Growth – Zacks Rank BuyAmerican Medical Systems (AMMD) just beat the Street’s expectations and shares have surged in response....
  4. American Medical Systems Holdings, Inc. – Aggressive Growth – Zacks Rank BuyAmerican Medical Systems (AMMD) just beat the Street’s expectations and shares have surged in response....
  5. (ASGR) America Service Group, Inc. – Momentum – Zacks Rank BuyAmerica Service Group, Inc. (ASGR) just reported solid fourth-quarter and full-year results and looks well...
  6. (CWT) California Water Service Group – After the solid quarter, the analysts boosted their earnings projectionsCalifornia Water Service Group’s (CWT) share price has been on a big rally since the...


Search Posts by Tag: | | Financial | Property & Casualty Insurance

RSS Feeds by Tag: American Physicians Service Group Inc | AMPH | Financial | Property & Casualty Insurance |

Other Posts by: | RSS Feed for this author