Palomar Holdings, Inc. Reports Second Quarter 2019 Results
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Palomar Holdings Inc. (PLMR) Tops Q2 EPS by 1c, Revenues Beat
August 12, 2019 4:16 PM EDTPalomar Holdings Inc. (NASDAQ: PLMR) reported Q2 EPS of $0.30, $0.01 better than the analyst estimate of $0.29. Revenue for the quarter came in at $58.35 million versus the consensus estimate of $50.4 million.
Second Quarter 2019 Highlights
Gross written premiums increased by 56.2% to $58.3 million compared to $37.3 million in the second quarter of 2018Net income of $6.7 million compared to net income of $6.9 million in the second quarter of 2018Adjusted net income(1) increased by 15.4% to $8.0 million compared... More