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

Palomar Holdings

03/11/2022 24:27

* Palomar Holdings Inc  PLMR.OQ  reported quarterly adjusted
earnings of 29 cents​​ per share for the quarter ended in
September. The mean expectation of nine analysts for the quarter
was for earnings of 51 cents per share.
    * Revenue rose 66.2% to $253.13 million from a year ago;
analysts
expected $225.90 million. 
    * Palomar Holdings Inc's reported EPS for the quarter was 17
cents​.
    * The mean earnings estimate of analysts had fallen by
about 25.6%
in the last three months.​ 
    * In the last 30 days seven analysts negatively revised
earnings
estimates 
    * Palomar Holdings Inc shares had risen by 6.8% this
quarter and
gained 38.0% so far this year.
    * The company reported quarterly net income of $4.29
million.
    * Wall Street's median 12-month price target for Palomar
Holdings
Inc is $91.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 12:27 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.51           0.29           Missed
 Jun. 30 2022      0.68           0.73           Beat
 Mar. 31 2022      0.65           0.68           Beat
 Dec. 31 2021      0.64           0.74           Beat