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Bowhead Specialty Holdings Inc. (BOW) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

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For the quarter ended September 2025, Bowhead Specialty Holdings Inc. (BOW - Free Report) reported revenue of $143.93 million, up 23.3% over the same period last year. EPS came in at $0.47, compared to $0.38 in the year-ago quarter.

The reported revenue represents a surprise of +2.89% over the Zacks Consensus Estimate of $139.9 million. With the consensus EPS estimate being $0.40, the EPS surprise was +17.5%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Bowhead Specialty Holdings Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Expense Ratio: 29.5% versus the three-analyst average estimate of 30.7%.
  • Combined Ratio: 95.4% compared to the 96.8% average estimate based on three analysts.
  • Loss Ratio: 65.9% compared to the 65.6% average estimate based on three analysts.
  • Revenues- Net earned premiums: $128.41 million versus $125.06 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +22.1% change.
  • Revenues- Other insurance-related income: $0.5 million versus $0.42 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +364.8% change.
  • Revenues- Net investment income: $15.04 million compared to the $14.42 million average estimate based on three analysts. The reported number represents a change of +30.9% year over year.

View all Key Company Metrics for Bowhead Specialty Holdings Inc. here>>>

Shares of Bowhead Specialty Holdings Inc. have returned -7.2% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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