Skyward Specialty Insurance (SKWD) Tops Q1 Earnings and Revenue Estimates

Core Insights - Skyward Specialty Insurance (SKWD) reported quarterly earnings of $0.90 per share, exceeding the Zacks Consensus Estimate of$ 0.78 per share, and up from $0.75 per share a year ago [1][2] - The company achieved revenues of$ 328.53 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.51%, compared to $264.97 million in the same quarter last year [3] - Skyward has consistently outperformed consensus EPS estimates over the last four quarters, with a 15.38% earnings surprise this quarter [2][3] Earnings Performance - The earnings surprise of 15.38% this quarter follows a previous surprise of 3.90% when the company reported earnings of$ 0.80 per share against an expectation of $0.77 [2] - The company has surpassed consensus revenue estimates three times in the last four quarters [3] Stock Performance - Skyward shares have increased approximately 5.1% since the beginning of the year, contrasting with a decline of -5.3% in the S&P 500 [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.86 on revenues of $325.61 million, and for the current fiscal year, it is$ 3.42 on revenues of $1.32 billion [8] - The outlook for the industry, particularly the Insurance - Property and Casualty sector, is favorable, ranking in the top 15% of over 250 Zacks industries [9] Industry Context - American Financial Group (AFG), another company in the same industry, is expected to report quarterly earnings of$ 2.17 per share, reflecting a year-over-year decline of -21.4% [10] - AFG's anticipated revenues are projected to be $1.94 billion, which is a 2.9% increase from the previous year [11]