Palomar Holdings Inc. (PLMR) Tops Q4 EPS by 17c

Palomar Holdings Inc. (NASDAQ: PLMR) reported Q4 EPS of $1.11, $0.17 better than the analyst estimate of $0.94. Total underwriting revenue for the quarter came in at $95.33 million versus the consensus estimate of $91.25 million.

OUTLOOK

For the full year 2024, the Company expects to achieve adjusted net income of $110 million to $115 million. This includes an estimate of the losses incurred in the first quarter from the recent catastrophic California flooding of approximately $3.5 million.

For earnings history and earnings-related data on Palomar Holdings Inc. (PLMR) click here.

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