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

Palomar Holdings

02/08/2023 23:58

* Palomar Holdings Inc  PLMR.OQ  reported quarterly adjusted
earnings of 86 cents​​ per share for the quarter ended in June.
The mean expectation of ten analysts for the quarter was
for earnings of 83 cents per share.
    * Revenue rose 25.4% to $274.30 million from a year ago;
analysts
expected $302.16 million. 
    * Palomar Holdings Inc's reported EPS for the quarter was 69
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Palomar Holdings Inc shares had risen by 3.7% this
quarter and
gained 33.2% so far this year.
    * The company reported quarterly net income of $17.56
million.
    * Wall Street's median 12-month price target for Palomar
Holdings
Inc is $62.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 10:57 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.83           0.86           Beat
 Mar. 31 2023      0.74           0.80           Beat
 Dec. 31 2022      0.74           0.82           Beat
 Sep. 30 2022      0.51           0.29           Missed