Palomar Holdings, Inc.  (PLMR) reported third-quarter 2024 operating income of $1.23 per share, which beat the Zacks Consensus Estimate by 13.9%. The bottom line increased 33.7% year over year. 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 c ...

For the quarter ended September 2024, Palomar (PLMR) reported revenue of $145.77 million, up 57.9% over the same period last year. EPS came in at $1.23, compared to $0.92 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $134.72 million, representing a surprise of +8.20%. The company delivered an EPS surprise of +13.89%, with the consensus EPS estimate being $1.08.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...

Palomar (PLMR) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.89%. A quarter ago, it was expected that this insurance holding company would post earnings of $1.12 per share when it actually produced earnings of $1.25, delivering a surprise of 11.61%.Over the last four quarters, th ...

LA JOLLA, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $30.5 million, or $1.15 per diluted share, for the third quarter of 2024 compared to net income of $18.4 million, or $0.73 per diluted share, for the third quarter of 2023. Adjusted net income(1) was $32.4 million, or $1.23 per diluted share, for the third quarter of 2024 as compared to $23.3 million, or $0.92 per diluted share, for the third quarter of 2023. Third Quarter ...

Exhibit 99.1 Palomar Holdings, Inc. Reports Third Quarter 2024 Results LA JOLLA, Calif. (November 4, 2024) — Palomar Holdings, Inc. (NASDAQ:PLMR) ("Palomar" or "Company") reported net income of $30.5 million, or $1.15 per diluted share, for the third quarter of 2024 compared to net income of $18.4 million, or $0.73 per diluted share, for the third quarter of 2023. Adjusted net income(1) was $32.4 million, or $1.23 per diluted share, for the third quarter of 2024 as compared to $23.3 million, or $0.92 per di ...

LA JOLLA, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the "Company") today announced that it will release its third quarter 2024 results after the market close on Monday, November 4, 2024, and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Tuesday, November 5, 2024. The conference call can be accessed live by dialing 1-877-423-9813 or for international callers, 1-201-689- 8573, and requesting to be joined to the Palomar Third Quarter 2024 Ear ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Palomar (PLMR) , which belongs to the Zacks Insurance - Property and Casualty industry. When looking at the last two reports, this insurance holding company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 15.04%, on average, in the last two quarters. For the most recent quarter, Palomar was expected to post e ...

NEW YORK, Oct. 10, 2024 /PRNewswire/ -- The Mechanic Group, a division of Specialty Program Group (SPG), is proud to announce the enhancement of its "Best In Class" Security Alarm & Investigator Program in partnership with Palomar Excess and Surplus Insurance Company (PESIC), a subsidiary of Palomar Holdings, Inc. (Palomar). PESIC has a financial strength rating of "A" (Excellent) from AM Best. This partnership strengthens The Mechanic Group's ability to deliver Best in Class General Liability and Umbrella ...

Shares of Palomar Holdings (PLMR) closed at $97.48 on Wednesday, near a 52-week high of $100.29. New business, strong premium retention rates for existing business and renewals of existing policies, better pricing and effective capital deployment are driving shares higher. Shares of PLMR have gained 20% in the past three months, outperforming the industry's growth of 11.1%, the Finance sector's increase of 1.5% and the Zacks S&P 500 composite's increase of 3.8%. PLMR shares are trading well above the 50-day ...

Palomar (PLMR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investors ...