Palomar Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

Palomar Holdings

05/05/2025 22:40

Palomar Holdings Inc PLMR.OQ reported quarterly adjusted earnings of $1.87​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.09.  The mean expectation of nine analysts for the quarter was for earnings of $1.59 per share. Wall Street expected results to range from $1.42  to $1.71 per share.

Revenue rose 20.1% to $442.16 million from a year ago; analysts expected $444.85 million.

Palomar Holdings Inc's reported EPS for the quarter was $1.57​.

The company reported quarterly net income of $42.92 million.

Palomar Holdings Inc shares had risen by 10.7% this quarter and gained 43.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 8.7% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

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." The average consensus recommendation for the property & casualty insurance peer group is also "buy"

Wall Street's median 12-month price target for Palomar Holdings Inc is $150.00

This summary was machine generated from LSEG data May 5 at 09:40 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
1.59
1.87
Beat
Dec. 31 2024
1.23
1.52
Beat
Sep. 30 2024
1.03
1.23
Beat
Jun. 30 2024
1.09
1.25
Beat