Why Skyward (SKWD) Could Beat Earnings Estimates Again

Core Insights - Skyward Specialty Insurance (SKWD) is positioned to continue its earnings-beat streak, having surpassed earnings estimates by an average of 16.07% in the last two quarters [1][2]. Earnings Performance - In the most recent quarter, Skyward reported earnings of $0.71 per share, exceeding the expected$0.64 per share by 10.94%. In the previous quarter, it reported $0.80 per share against an expectation of$0.66 per share, resulting in a surprise of 21.21% [2]. Earnings Estimates - Recent estimates for Skyward have been increasing, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of another earnings beat. The current Earnings ESP stands at +2.59% [3][6]. Zacks Rank and Predictive Power - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a high probability of an earnings beat. Stocks with this combination have historically produced positive surprises nearly 70% of the time [4][6]. Upcoming Earnings Report - Skyward's next earnings report is anticipated to be released on February 25, 2025 [6].