Skyward (SKWD) Reports Q2 Earnings: What Key Metrics Have to Say

Core Insights - Skyward Specialty Insurance reported revenue of $319.9 million for the quarter ended June 2025, reflecting a year-over-year increase of 14.3% [1] - The earnings per share (EPS) for the quarter was $0.89, up from $0.80 in the same quarter last year, resulting in an EPS surprise of +3.49% against the consensus estimate of $0.86 [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $324.36 million, resulting in a revenue surprise of -1.37% [1] Financial Metrics - Loss ratio was reported at 61.3%, better than the six-analyst average estimate of 62.4% [4] - Combined ratio stood at 89.4%, outperforming the average estimate of 91.1% from six analysts [4] - Expense ratio was 28.1%, compared to the estimated 28.9% by six analysts [4] Revenue Breakdown - Net earned premiums were $295.54 million, slightly below the average estimate of $299.67 million, but represented a year-over-year increase of 14.7% [4] - Net investment income was reported at $18.59 million, significantly lower than the estimated $22.62 million, marking a year-over-year decrease of 16% [4] - Commission and fee income reached $2.56 million, exceeding the average estimate of $2.09 million, with a year-over-year increase of 24.7% [4] Stock Performance - Skyward's shares have returned -9.8% over the past month, contrasting with the Zacks S&P 500 composite's +3.4% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]