Skyward Specialty Insurance Group Inc reports results for the quarter ended June 30 - Earnings Summary
Skyward Specialty Insurance Group Inc reports results for the quarter ended June 30 - Earnings Summary
Skyward Specialty Insurance Group Inc SKWD.OQ reported quarterly adjusted earnings of $1.30 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 89 cents. The mean expectation of fourteen analysts for the quarter was for earnings of $1.16 per share. Wall Street expected results to range from $1.12 to $1.22 per share.
Revenue rose 53% to $489.53 million from a year ago; analysts expected $470.72 million.
Skyward Specialty Insurance Group Inc's reported EPS for the quarter was $1.07.
The company reported quarterly net income of $49.04 million.
Skyward Specialty Insurance Group Inc shares had risen by 4.3% this quarter and gained 19.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4% in the last three months.
In the last 30 days, six analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is "hold."
Wall Street's median 12-month price target for Skyward Specialty Insurance Group Inc is $67.00, about 9.1% above its last closing price of $60.87
This summary was machine generated from LSEG data August 4 at 09:52 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.16 | 1.30 | Beat |
Mar. 31 2026 | 1.12 | 1.25 | Beat |
Dec. 31 2025 | 1.02 | 1.17 | Beat |
Sep. 30 2025 | 0.89 | 1.05 | Beat |
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Skyward Specialty Insurance Group Inc reports results for the quarter ended June 30 - Earnings Summary
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