Preview: Skyward Specialty's Earnings

Skyward Specialty (NASDAQ:SKWD) will release its quarterly earnings report on Tuesday, 2024-10-29. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Skyward Specialty to report an earnings per share (EPS) of $0.65.

Anticipation surrounds Skyward Specialty's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings Track Record

In the previous earnings release, the company beat EPS by $0.15, leading to a 1.84% drop in the share price the following trading session.

Here's a look at Skyward Specialty's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.65

0.63

0.57

0.36

EPS Actual

0.80

0.75

0.61

0.65

Price Change %

-2.0%

1.0%

-1.0%

10.0%

Stock Performance

Shares of Skyward Specialty were trading at $45.51 as of October 25. Over the last 52-week period, shares are up 63.84%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analysts' Perspectives on Skyward Specialty

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Skyward Specialty.

Analysts ...