A Preview Of Skyward Specialty's Earnings
Portfolio Pulse from Benzinga Insights
Skyward Specialty (NASDAQ:SKWD) is scheduled to release its quarterly earnings report on February 20, 2024, with an estimated EPS of $0.57. Historically, the company has surpassed EPS estimates, leading to significant share price increases. Shares are currently trading at $33.33, reflecting a 79.4% increase over the last 52 weeks. Investors are advised to pay attention to both the earnings outcome and the company's future guidance.
February 19, 2024 | 5:02 pm
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Skyward Specialty is expected to report an EPS of $0.57 for the upcoming quarter. Historically, surpassing EPS estimates has positively impacted its share price, with a notable 79.4% increase over the last year.
Given Skyward Specialty's history of surpassing EPS estimates and the subsequent positive impact on its share price, it's likely that a similar outcome could lead to further share price appreciation. The company's past performance, including a 10.22% increase after last quarter's earnings beat, supports this expectation. Additionally, the stock's significant 79.4% increase over the last 52 weeks indicates strong investor confidence, which could be further bolstered by a positive earnings report and guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100