Palomar Q3 Earnings, Revenues Top Estimates on Higher Premiums [Yahoo! Finance]
Palomar Holdings, Inc. - Common stock (PLMR)
Last palomar holdings, inc. - common stock earnings: 2/18 04:10 pm
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Source: Yahoo! Finance
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Palomar witnessed higher premiums, improved adjusted underwriting income and higher yields on invested assets, partly offset by higher losses and loss adjustment expenses, as well as underwriting expenses. Palomar incurred higher-than-expected catastrophe loss in the reported quarter. Total revenues improved 60.3% year over year to $145.8 million, mainly attributable to higher premiums, commission and other income and net investment income. The top line beat the Zacks Consensus Estimate by 8.2%. Palomar Holdings, Inc. price-consensus-eps-surprise-chart | Palomar Holdings, Inc. Quote Gross written premiums increased 32.2% year over year to $415 million, driven by strength in earthquake and casualty products as well as strong growth from growing crop business. Our estimate was $403.6 million. Net earned premiums increased 58.1% year over year to $135.6 million. Our estimate was $121.6 million. The Zacks
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News
- Palomar Holdings Stock Surges 86.8% YTD: Will the Rally Last? [Yahoo! Finance]Yahoo! Finance
- Palomar Holdings, Inc. (NASDAQ: PLMR) had its price target raised by analysts at Keefe, Bruyette & Woods from $117.00 to $120.00. They now have an "outperform" rating on the stock.MarketBeat
- Palomar Holdings, Inc. (NASDAQ: PLMR) had its price target raised by analysts at Piper Sandler from $105.00 to $110.00. They now have an "overweight" rating on the stock.MarketBeat
- Palomar Holdings, Inc. Appoints Benson Latham EVP, Head of CropGlobeNewswire
- Palomar Holdings, Inc. (NASDAQ: PLMR) had its price target raised by analysts at JPMorgan Chase & Co. from $93.00 to $100.00. They now have a "neutral" rating on the stock.MarketBeat
PLMR
Earnings
- 11/4/24 - Beat
PLMR
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- PLMR's page on the SEC website