Weekly Recap: EPS beats estimates and property submissions surge
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Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) reported Q3 2026 revenue of $455.3 million, up 19% year over year but below the $503 million forecast, while operating EPS rose 22% to $1.28 and topped estimates.
Previous Week Recap
- Revenue Misses, EPS Beats: Skyward Specialty (SKWD) posted Q3 2026 revenue of $455.3 million, up 19% year over year but below the $503 million forecast. Operating EPS rose 22% to $1.28, topping estimates. 3 sources
- Submissions Surge Amid Pressure: Skyward Specialty Insurance’s U.S. excess and surplus property submissions rose 60% in Q3, but its hit ratio fell by a third and average premiums dropped 20% amid increased competition. MarketBeat
- CFO Succession Set for 2027: Skyward Specialty Insurance named Deputy CFO Taryn McHarg to succeed CFO Mark Haushill, who will retire March 31, 2027. The company plans to share 2027 guidance on its fourth-quarter earnings call. MarketBeat
- Barclays Raises Price Target: Barclays maintained its Overweight rating on Skyward Specialty Insurance Group, Inc. (SKWD) and raised its price target to $71 from $68. TradingView
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