Here's What Key Metrics Tell Us About Palomar (PLMR) Q1 Earnings

Core Insights - Palomar (PLMR) reported revenue of $176.97 million for Q1 2025, marking a year-over-year increase of 53.2% and exceeding the Zacks Consensus Estimate by 3.03% [1] - The company's EPS for the same quarter was $1.87, up from $1.09 a year ago, representing a surprise of 17.61% over the consensus estimate of $1.59 [1] Financial Performance Metrics - Loss Ratio was reported at 23.6%, better than the estimated 26.9% [4] - Combined Ratio stood at 73.1%, compared to the average estimate of 75.4% [4] - Expense Ratio was 49.5%, slightly above the average estimate of 49.2% [4] - Adjusted Combined Ratio was 68.5%, significantly better than the average estimate of 72.7% [4] - Net Investment Income was $12.07 million, exceeding the average estimate of $11.28 million, with a year-over-year increase of 69.1% [4] - Commission and Other Income reached $0.83 million, surpassing the average estimate of $0.67 million, reflecting a year-over-year increase of 57.2% [4] - Net Earned Premiums were reported at $164.07 million, above the average estimate of $159.91 million, with a year-over-year increase of 52.1% [4] Stock Performance - Palomar's shares have returned +13.9% over the past month, outperforming the Zacks S&P 500 composite's +0.4% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]