Core Insights - Analysts project that Skyward Specialty Insurance (SKWD) will report quarterly earnings of $0.86 per share, reflecting a year-over-year increase of 7.5% [1] - Revenue estimates for the quarter are set at $324.36 million, indicating a 15.9% increase from the same period last year [1][5] - The consensus EPS estimate has been adjusted upward by 0.2% over the past 30 days, showing a reassessment by covering analysts [2] Revenue and Key Metrics - 'Revenues- Net investment income' is expected to be $22.62 million, a year-over-year change of +2.2% [5] - 'Revenues- Net earned premiums' are projected to reach $299.67 million, suggesting a change of +16.3% year over year [5] - The estimated 'Expense ratio' is 28.9%, slightly improved from 29.0% a year ago [5] Loss and Combined Ratios - Analysts predict a 'Loss ratio' of 62.4%, up from 61.7% reported in the same quarter last year [6] - The 'Combined ratio' is expected to be 91.1%, compared to 90.7% in the same quarter of the previous year [6] Stock Performance and Outlook - Skyward shares have decreased by 8.7% in the past month, contrasting with the Zacks S&P 500 composite's increase of 4.9% [6] - With a Zacks Rank 2 (Buy), SKWD is anticipated to outperform the overall market in the near term [6]
Insights Into Skyward (SKWD) Q2: Wall Street Projections for Key Metrics