Skyward Specialty Insurance Group Inc expected to post earnings of 63 cents a share - Earnings Preview

Skyward Specialty Insurance

30/04/2024 01:20

* Skyward Specialty Insurance Group Inc  SKWD.OQ 
 SKWD.O  is
expected to show a rise in quarterly revenue when it reports 
results on May 1 for the period ending March 31 2024
    * The Houston Texas-based  company is expected to report a
32.7% increase in revenue to $252.095 million from $189.93
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Skyward Specialty
Insurance
Group Inc is for earnings of 63 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Skyward
Specialty
Insurance Group Inc is $44.00​, above​ its last closing price
of $34.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.58        0.57       0.61      Beat    6.8
 Sep. 30 2023  0.35        0.36       0.65      Beat    78.9
 Jun. 30 2023  0.36        0.39       0.42      Beat    9.1​
 Jan. 1 0001   0.34        0.34       0.42      Beat    22.5
 ​​Dec.        0.26        0.26       0.36      Beat    39.4
 31 2022                                                
                                                        ​
 This summary was machine generated April 30 at 00:20 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)