Palomar Holdings' (PLMR) strong Earthquake, Inland Marine and Excess Property business, improving net investment income and improved 2023 outlook poise it well for growth.
Palomar Holdings, Inc. (NASDAQ:PLMR ) Q2 2023 Earnings Conference Call August 3, 2023 12:00 PM ET Company Participants Chris Uchida - Chief Financial Officer Mac Armstrong - Chairman and CEO Jon Chris
Palomar Holdings, Inc. PLMR reported second-quarter 2023 operating income of 86 cents per share, which beat the Zacks Consensus Estimate by 3.6%. The bottom line increased 17.8% year over year.
While the top- and bottom-line numbers for Palomar (PLMR) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to

Palomar (PLMR) Q2 Earnings Surpass Estimates

08:58pm, Wednesday, 02'nd Aug 2023
Palomar (PLMR) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.73 per share a year ago.
Palomar Holdings (PLMR) stands to gain from expansion of its products' geographic and distribution footprint, new partnerships, higher average balance of investments and improved loss ratio.
The California Earthquake Authority's difficulties could provide opportunities for Palomar Holdings' core earthquake insurance business to gain market share. PLMR has plans in place to grow its relati
Palomar Holdings' (PLMR) strong Inland Marine and Excess Property business, improving net investment income and improved 2023 outlook poise it well for growth.
Strong premium retention rates, new partnerships, rate increases and effective capital deployment continue to drive this Zacks Rank #3 (Hold) insurer.
Palomar (PLMR) reported earnings 30 days ago. What's next for the stock?

Why Palomar Stock Was Up 10.7% This Week

12:11pm, Friday, 02'nd Jun 2023
Palomar surged after it increased its net income guidance for 2023. The stock price is already up 17% year to date and an analyst increased its price target this week.
Palomar (PLMR) successfully renews its reinsurance program and raises 2023 net income guidance.
Palomar Holdings, Inc. (NASDAQ:PLMR ) Q1 2023 Earnings Conference Call May 4, 2023 12:00 PM ET Company Participants Chris Uchida - Chief Financial Officer Mac Armstrong - Chairman and Chief Executive

Palomar (PLMR) Q1 Earnings Beat Estimates

08:32pm, Wednesday, 03'rd May 2023
Palomar (PLMR) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.68 per share a year ago.
LA JOLLA, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that it will release its first quarter 2023 results after the market clos
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