Recap: Palomar Hldgs Q3 Earnings

Shares of Palomar Hldgs PLMR decreased 2% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 250.00% over the past year to ($0.60), which missed the estimate of ($0.54).

Revenue of $42,020,000 higher by 52.13% year over year, which missed the estimate of $87,510,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Palomar Hldgs hasn't issued any revenue guidance for the time being.

Price Action

52-week high: $121.87

52-week low: $39.21

Price action over last quarter: down 2.42%

Company Profile

Palomar Holdings Inc is a United States-based company focused on the provision of specialty property insurance primarily earthquake, wind, and flood insurance products. It provides specialty property insurance products in the target markets to both individuals and businesses through multiple channels, including retail agents, program administrators, wholesale brokers, and in partnership with other insurance companies. Its products include Residential Earthquake, Commercial Earthquake, Specialty Homeowners, Commercial All Risk, Hawaii Hurricane, Residential Flood, and others.