Palomar Holdings, Inc. (NASDAQ:PLMR) is expected to report second quarter earnings results, after market close, on Tuesday 4th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.49 per share.
Looking ahead, the full year income are expected at $ 2.07 per share on the revenues of $ 321.79 million.
Previous Quarter Performance
Palomar Holdings, Inc. reported income for the first quarter of $ 0.50 per share, from the revenue of $ 34.81 million. The quarterly earnings decreased 3.85 percent while revenues declined 35.57 percent compared with the same quarter last year.
According to street consensus, PLMR was expected to report 1Q20 income of $ 0.41 per share from revenue of $ 71.02 million. The bottom line results beat street analysts by $ 0.09 or 21.95 percent, at the same time, top line results fell short of analysts by $ 36.21 million or 50.99 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of PLMR was $ 97.23, representing a 249.75 % increase from the 52 week low of $ 27.80 and a 0.82 % decrease over the 52 week high of $ 98.03.
The company has a market capital of $ 2.36 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
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Palomar Holdings, Inc. provides specialty property insurance. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, specialty homeowners, commercial all-risk, hawaii hurricane, residential flood, and real estate investor.
