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Here's What Key Metrics Tell Us About Palomar (PLMR) Q3 Earnings
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For the quarter ended September 2026, Palomar (PLMR - Free Report) reported revenue of $389.28 million, up 61.4% over the same period last year. EPS came in at $3.01, compared to $2.01 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $373.26 million, representing a surprise of +4.29%. The company delivered an EPS surprise of +15.77%, with the consensus EPS estimate being $2.60.
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: 41.5% versus 45.1% estimated by four analysts on average.
Combined Ratio: 80.8% versus the three-analyst average estimate of 85%.
Expense Ratio: 39.3% versus 39.1% estimated by three analysts on average.
Adjusted combined ratio: 76.3% versus 79.9% estimated by two analysts on average.
Revenues- Net investment income: $22.41 million compared to the $20.52 million average estimate based on four analysts. The reported number represents a change of +53.8% year over year.
Revenues- Commission and other income: $1.49 million versus $1.54 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +2.6% change.
Revenues- Net earned premiums: $365.39 million versus the four-analyst average estimate of $351.2 million. The reported number represents a year-over-year change of +62.3%.
Shares of Palomar have returned +12.1% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Here's What Key Metrics Tell Us About Palomar (PLMR) Q3 Earnings
For the quarter ended September 2026, Palomar (PLMR - Free Report) reported revenue of $389.28 million, up 61.4% over the same period last year. EPS came in at $3.01, compared to $2.01 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $373.26 million, representing a surprise of +4.29%. The company delivered an EPS surprise of +15.77%, with the consensus EPS estimate being $2.60.
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 +12.1% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.