Compared to Estimates, Skyward (SKWD) Q4 Earnings: A Look at Key Metrics

Core Insights - Skyward Specialty Insurance (SKWD) reported a revenue of $385.59 million for Q4 2025, marking a year-over-year increase of 26.7% and exceeding the Zacks Consensus Estimate by 3.1% [1] - The earnings per share (EPS) for the same quarter was $1.17, compared to $0.80 a year ago, resulting in an EPS surprise of 21.56% against the consensus estimate of $0.96 [1] Financial Performance Metrics - Expense ratio stood at 28.9%, slightly above the six-analyst average estimate of 28.6% [4] - Loss ratio was reported at 59.6%, better than the average estimate of 62.6% [4] - Combined ratio was 88.5%, outperforming the six-analyst average estimate of 91.2% [4] - Net investment income was $23.51 million, exceeding the average estimate of $22.96 million, reflecting a year-over-year increase of 13.4% [4] - Commission and fee income was reported at $0.42 million, significantly lower than the average estimate of $1.57 million, indicating a year-over-year decline of 48.5% [4] - Net earned premiums reached $356.8 million, surpassing the average estimate of $349.51 million, with a year-over-year growth of 21.7% [4] Stock Performance - Skyward's shares have returned +4.4% over the past month, outperforming the Zacks S&P 500 composite's +1.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]