Palomar Holdings, Inc. (PLMR) Q2 2026 Earnings Call Transcript
PLMR's Q2 results reflect strong premium growth and higher investment income, though higher losses and expenses pressure underwriting margins.
Palomar NASDAQ: PLMR reported record second-quarter adjusted net income and raised its full-year outlook for the third time in 2026, citing growth across its diversified specialty insurance portfolio, higher net earned premiums, underwriting discipline and stronger investment income.
Although the revenue and EPS for Palomar (PLMR) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Palomar (PLMR) came out with quarterly earnings of $2.36 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $1.76 per share a year ago.
Palomar (PLMR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Palomar (PLMR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Palomar's underwriting discipline, premium growth and diversified specialty platform support growth, while catastrophe losses and higher expenses remain risks.
From a technical perspective, Palomar (PLMR) is looking like an interesting pick, as it just reached a key level of support. PLMR recently overtook the 200-day moving average, and this suggests a long-term bullish trend.
Palomar (PLMR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
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