Skyward Specialty Q1 net income $36.8M ($0.90 EPS); adjusted EPS $0.75

Skyward Specialty Insurance Group, Inc.

2024-Q1 EPS reported $0.90 revenue$264,968,000

Net income $36.8M ($0.90 diluted EPS) vs $15.6M ($0.42) in Q1 2023.
Adjusted operating income $31.0M ($0.75 diluted EPS) vs $15.5M ($0.42).
Gross written premiums up 27.2% YoY; combined ratio improved to 89.6% from 90.2%.
Annualized ROE 21.7% vs 13.4%; annualized ROE on tangible equity 25.0%.
Cat loss and LAE ratio improved to 0.4% from 1.8%.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Skyward Specialty Insurance Group, Inc. reported first quarter 2024 results: net income $36.8 million, or $0.90 per diluted share.

Period: first quarter 2024
Net income: $36.8 million, or $0.90 per diluted share
Result: reported results

Exact text from the filing

reported first quarter 2024 net income of $36.8 million, or $0.90 per diluted share

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Skyward Specialty Insurance Group, Inc. filing history →

Source: SEC EDGAR

accession 0001519449-24-000020

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