Skyward Specialty Insurance Group Reports Fourth Quarter 2024 Results
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Skyward Specialty Insurance Group reported a decrease in Q4 2024 net income to $14.4 million from $29.3 million in Q4 2023, but an increase in annual net income to $118.8 million for 2024 from $86.0 million in 2023.
February 25, 2025 | 9:15 pm
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Skyward Specialty Insurance Group's Q4 2024 net income decreased to $14.4 million from $29.3 million in Q4 2023, but annual net income increased to $118.8 million in 2024 from $86.0 million in 2023.
The decrease in Q4 net income might concern investors, but the overall annual increase in net income suggests a positive long-term trend. This mixed result may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100