PLMR beat Q1 estimates as revenues jump 58.7% on higher premiums and investment income despite rising expenses and weaker underwriting income.
Palomar (PLMR) came out with quarterly earnings of $2.31 per share, beating the Zacks Consensus Estimate of $2.17 per share. This compares to earnings of $1.87 per share a year ago.
The headline numbers for Palomar (PLMR) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Palomar (PLMR) possesses 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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3,197 directly held common shares were sold for $413,884 on April 15, 2026, following the exercise of 6,250 options. This transaction represented 0.6% of Armstrong's direct holdings at the time.
The average of price targets set by Wall Street analysts indicates a potential upside of 26.3% in Palomar (PLMR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
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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.
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Palomar Holdings rides on a fee-based platform, rising crop premiums, Surety expansion and a debt-free balance sheet backed by a strong reinsurance strategy.
Palomar (PLMR) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.