Palomar Holdings Inc reports results for the quarter ended in December - Earnings Summary

Palomar Holdings

15/02/2023 23:29

* Palomar Holdings Inc  PLMR.OQ  reported quarterly adjusted
earnings of 82 cents​​ per share for the quarter ended in
December. The mean expectation of ten analysts for the quarter
was for earnings of 74 cents per share.
    * Revenue rose 59.5% to $239.12 million from a year ago;
analysts
expected $221.62 million. 
    * Palomar Holdings Inc's reported EPS for the quarter was 73
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.9%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Palomar Holdings Inc shares had risen by 9.3% this
quarter.
    * The company reported quarterly net income of $18.76
million.
    * Wall Street's median 12-month price target for Palomar
Holdings
Inc is $56.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
15 at 11:29 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.74           0.82           Beat
 Sep. 30 2022      0.51           0.29           Missed
 Jun. 30 2022      0.68           0.73           Beat
 Mar. 31 2022      0.65           0.68           Beat