HOUSTON (AP) — HOUSTON (AP) — Skyward Specialty Insurance Group Inc. (SKWD) on Wednesday reported first-quarter net income of $49.7 million.
The Houston-based company said it had net income of $1.09 per share. Earnings, adjusted for non-recurring costs, came to $1.25 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share.
The property and casualty insurance holding company posted revenue of $475.9 million in the period.
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