Palomar Holdings Inc expected to post earnings of 67  cents a share - Earnings Preview

Palomar Holdings

22/07/2022 12:36

* Palomar Holdings Inc  PLMR.OQ   PLMR.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 26
(estimated). 
    * The La Jolla California-based  company is expected to
report  a
49.1% increase in revenue to $192.933 million from $129.36
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Palomar Holdings
Inc is
for earnings of 67 cents per share. For the same quarter last
year, the company reported earnings of 51 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Palomar
Holdings
Inc is $75​, above​ its last closing price of $60.51. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.66        0.65       0.68      Beat    4.6
 Dec. 31 2022  0.64        0.64       0.74      Beat    16.3
 Sep. 30 2021  0.10        0.11       0.07      Missed  -38.2​
 Jun. 30 2021  0.48        0.48       0.51      Beat    6.5
 ​​Mar.        0.49        0.48       0.73      Beat    51.4
 31 2021                                                
 Dec. 31 2020  -0.03       0.00       -0.05     Missed  -1,026
                                                        .1​
 Sep. 30 2020  -0.55       -0.54      -0.60     Missed  -10.2
 Jun. 30 2020  0.49        0.49       0.52      Beat    6.4
 This summary was machine generated July 22 at 11:36 GMT.  All
figures in US dollars  unless otherwise stated