earnings
confidence high
sentiment positive
materiality 0.75
Skyward Specialty Q3 net income $36.7M ($0.89 EPS); authorizes $50M buyback
Skyward Specialty Insurance Group, Inc.
2024-Q3 EPS reported
$2.53
revenue$845,798,000
- Q3 net income $36.7M ($0.89 diluted EPS) vs $21.7M ($0.57) in Q3 2023.
- Adjusted operating income $29.4M ($0.71 diluted) vs $25.0M ($0.65) YoY.
- Gross written premiums $400.0M, up 12.4% year-over-year.
- Combined ratio 92.2% (ex-cat 89.4%) vs 90.2% (ex-cat 89.8%) in Q3 2023.
- Board authorized $50.0M share repurchase program.