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Palomar Holdings Inc. (PLMR) Tops Q1 EPS by 16c, provides guidance

May 2, 2024 5:30 PM

Palomar Holdings Inc. (NASDAQ: PLMR) reported Q1 EPS of $1.09, $0.16 better than the analyst estimate of $0.93. Revenue for the quarter came in at $118.54 million versus the consensus estimate of $321.92 million.

Full Year 2024:
For the full year 2024, the Company is increasing its guidance range and now expects to achieve adjusted net income of $113 million to $118 million. This range includes $3.4 million of catastrophe losses incurred during the three months ended March 31, 2024.

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

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