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Message Boards Settings American Safety Insurance (ASI) - Quote Info
$.47 eps, add back non recurring charge     28-Oct-09 05:53 pm    
Add the non recurring charge of $1.6 mil for underwriting expenses (legacy program)
or $.15/share back to eps of $.47 and you get $.62 per share, an average of $.64 per share earnings for the last two quarters, which justifies why book value is now $25.00.
Add in the increased earnings effect of the recent acquisitions and you start to get steady earnings per share of above $.65 per quarter eps.
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$.47 eps, add back non recurring charge
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American Safety Insurance Holdings Ltd. (ASI)

Chart for American Safety Insurance Holdings Ltd. (ASI)
On Nov 27: 14.00 Down 0.94 (6.29%)
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