Analysts Predict Year Over Year Revenue Increase

Skyward Specialty Insurance (SKWD) Set for Earnings Growth

Analysts Predict Year-Over-Year Revenue Increase

SKWD Reports Next Week

As Skyward Specialty Insurance Group Inc. (SKWD) prepares to report its earnings next week, analysts and investors alike are eagerly anticipating the release. According to Zacks Investment Research, Wall Street expects the company to deliver a year-over-year increase in earnings.

In the first quarter of 2024, SKWD reported a revenue of $279.94 million, a significant increase from the $265.0 million reported in the same quarter of the previous year. This growth is expected to continue, with analysts predicting a further increase in revenue for the upcoming quarter.

Contributing to this projected growth is an expected rise in adjusted operating income, which stood at $310 million or $0.75 per diluted share in the first quarter of 2024. Analysts believe that this trend will continue, providing a further boost to SKWD's overall earnings.

Conclusion

The anticipated earnings growth for Skyward Specialty Insurance (SKWD) has created a buzz among investors. As the date for the company's earnings release approaches, analysts and market observers are eagerly waiting to see if the company can meet or exceed these expectations. The results of the earnings report will have a significant impact on SKWD's stock price and provide valuable insights into the company's future financial performance.