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Compared to Estimates, Palomar (PLMR) Q2 Earnings: A Look at Key Metrics
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For the quarter ended June 2026, Palomar (PLMR - Free Report) reported revenue of $307.67 million, up 57.8% over the same period last year. EPS came in at $2.36, compared to $1.76 in the year-ago quarter.
The reported revenue represents a surprise of +7.37% over the Zacks Consensus Estimate of $286.57 million. With the consensus EPS estimate being $2.12, the EPS surprise was +11.32%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Palomar performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Loss Ratio: 34.5% versus the four-analyst average estimate of 35.6%.
Combined Ratio: 83.3% versus 87% estimated by three analysts on average.
Expense Ratio: 48.8% compared to the 51.8% average estimate based on three analysts.
Adjusted combined ratio: 76.7% compared to the 78.4% average estimate based on two analysts.
Revenues- Net investment income: $19.95 million versus $18.75 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +49.2% change.
Revenues- Commission and other income: $0.77 million compared to the $1.86 million average estimate based on four analysts. The reported number represents a change of -54.1% year over year.
Revenues- Net earned premiums: $286.95 million versus the four-analyst average estimate of $265.95 million. The reported number represents a year-over-year change of +59.5%.
Shares of Palomar have returned -4% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
View the Zacks #1 Rank List
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Compared to Estimates, Palomar (PLMR) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2026, Palomar (PLMR - Free Report) reported revenue of $307.67 million, up 57.8% over the same period last year. EPS came in at $2.36, compared to $1.76 in the year-ago quarter.
The reported revenue represents a surprise of +7.37% over the Zacks Consensus Estimate of $286.57 million. With the consensus EPS estimate being $2.12, the EPS surprise was +11.32%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Palomar performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Palomar here>>>
Shares of Palomar have returned -4% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.