AmTrust Financial Services Inc (AFSI) Expected to Post Quarterly Sales of $1.51 Billion

AmTrust Financial Services Inc (AFSI) Quarterly Sales

Securities and Exchange Commission allows for an automatic 15-day extension of its March 1st, 2018 filing deadline upon request.  March 16th would be the new deadline for AmTrust to post 4th Quarter Sales.  It looks like this will be achieved by AmTrust by March 12th.Equities analysts expect AmTrust Financial Services Inc (NASDAQ:AFSI) to announce $1.51 billion in sales for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for AmTrust Financial Services’ earnings, with the lowest sales estimate coming in at $1.49 billion and the highest estimate coming in at $1.54 billion. AmTrust Financial Services posted sales of $1.41 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 7.1%. The business is expected to issue its next earnings report on Monday, March 12th.On average, analysts expect that AmTrust Financial Services will report full year sales of $1.51 billion for the current financial year, with estimates ranging from $6.00 billion to $6.05 billion. For the next fiscal year, analysts forecast that the company will post sales of $6.24 billion per share, with estimates ranging from $5.90 billion to $6.57 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that that provide coverage for AmTrust Financial Services.Posted by Tatum Peregrin