earnings
confidence high
sentiment positive
materiality 0.70
Bowhead Specialty reports preliminary Q3 2024: GWP up 27-34% YoY, net income $11.5-12.5M
Bowhead Specialty Holdings Inc.
2024-Q3 EPS reported
$0.87
revenue$306,330,000
- Gross written premiums expected $193M-$200M, up 27%-34% YoY.
- Net income $11.5M-$12.5M ($0.34-$0.37 diluted EPS); adjusted net income $12M-$13M ($0.36-$0.39).
- ROE expected 13.0%-14.0%; adjusted ROE 13.5%-14.5%.
- Book value per share $11.00-$11.25; diluted book value per share $10.80-$11.00.
- Full Q3 results and conference call scheduled for Nov 5, 2024 at 8:30 a.m. ET.