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

Palomar Holdings

04/05/2023 03:44

* Palomar Holdings Inc  PLMR.OQ  reported quarterly adjusted
earnings of 80 cents​​ per share for the quarter ended in March.
The mean expectation of ten analysts for the quarter was
for earnings of 74 cents per share.
    * Revenue rose 46.3% to $250.11 million from a year ago;
analysts
expected $233.37 million. 
    * Palomar Holdings Inc's reported EPS for the quarter was 68
cents​.
    * The mean earnings estimate of analysts had fallen by
about 10.5%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Palomar Holdings Inc shares had fallen by 11.7% this
quarter and
gained 7.9% so far this year.
    * The company reported quarterly net income of $17.31
million.
    * Wall Street's median 12-month price target for Palomar
Holdings
Inc is $60.50 
    * 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 LSEG Refinitiv data May
4 at 02:44 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.74           0.80           Beat
 Dec. 31 2022      0.74           0.82           Beat
 Sep. 30 2022      0.51           0.29           Missed
 Jun. 30 2022      0.68           0.73           Beat