Palomar Holdings, Inc. Reports Third Quarter 2019 Results
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Palomar Holdings Inc. (PLMR) Misses Q3 EPS by 9c, Revenues Beat
November 4, 2019 4:46 PM ESTPalomar Holdings Inc. (NASDAQ: PLMR) reported Q3 EPS of $0.31, $0.09 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $66.24 million versus the consensus estimate of $56.78 million.
Third Quarter 2019 Highlights
Gross written premiums increased by 65.6% to $66.2 million compared to $40.0 million in the third quarter of 2018Net income increased by 376.0% to $7.5 million compared to $1.6 million in the third quarter of 2018Adjusted net income(1) increased by 253.2% to $9.6 million compared to $2.7... More