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Here's What Key Metrics Tell Us About Skyward (SKWD) Q3 Earnings

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Skyward Specialty Insurance (SKWD - Free Report) reported $382.53 million in revenue for the quarter ended September 2025, representing a year-over-year increase of 27.1%. EPS of $1.05 for the same period compares to $0.71 a year ago.

The reported revenue represents a surprise of +14.45% over the Zacks Consensus Estimate of $334.23 million. With the consensus EPS estimate being $0.85, the EPS surprise was +23.53%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Skyward performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Loss ratio: 60.8% versus the six-analyst average estimate of 63%.
  • Combined ratio: 89.2% versus 91.6% estimated by six analysts on average.
  • Expense ratio: 28.4% versus 28.6% estimated by six analysts on average.
  • Revenues- Net earned premiums: $351.8 million compared to the $309.99 million average estimate based on six analysts. The reported number represents a change of +30.5% year over year.
  • Revenues- Net investment income: $22.18 million versus the six-analyst average estimate of $22.2 million. The reported number represents a year-over-year change of +13.6%.
  • Revenues- Commission and fee income: $1.9 million versus $2.04 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +4.7% change.

View all Key Company Metrics for Skyward here>>>

Shares of Skyward have returned -5.1% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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