* Skyward Specialty Insurance Group Inc reported quarterly adjusted earnings of 71 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of eleven analysts for the quarter was for earnings of 65 cents per share. Wall Street expected results to range from 55 cents to 73 cents per share.
* Revenue rose 25.8% to $300.89 million from a year ago; analysts expected $290.67 million.
* Skyward Specialty Insurance Group Inc's reported EPS for the quarter was 89 cents.
* The company reported quarterly net income of $36.67 million.
* Skyward Specialty Insurance Group Inc shares had risen by 12.5% this quarter and gained 35.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 8.8% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the property & casualty insurance peer group is also "buy"
Wall Street's median 12-month price target for Skyward Specialty Insurance Group Inc is 48.00 This summary was machine generated from LSEG data October 30 at 02:58 a.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
Sep. 30 2024 0.65 0.71 Beat
Jun. 30 2024 0.65 0.80 Beat
Mar. 31 2024 0.63 0.75 Beat
Dec. 31 2023 0.57 0.61 Beat
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