Earnings Summary

Palomar Holdings Inc’s revenue jumped 32.88% since last year same period to $118.54Mn in the Q1 2024. On a quarterly growth basis, Palomar Holdings Inc has generated 12.47% jump in its revenue since last 3-months.

Palomar Holdings Inc’s net profit jumped 52.38% since last year same period to $26.38Mn in the Q1 2024. On a quarterly growth basis, Palomar Holdings Inc has generated 1.88% jump in its net profits since last 3-months.

Palomar Holdings Inc’s net profit margin jumped 14.67% since last year same period to 22.26% in the Q1 2024. On a quarterly growth basis, Palomar Holdings Inc has generated -9.42% fall in its net profit margins since last 3-months.

Palomar Holdings Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 25.51.

Palomar Holdings Inc’s earning per share (EPS) estimates for the current quarter stand at 1.09 - a 15.96% jump from last quarter’s estimates.

Palomar Holdings Inc’s earning per share (EPS) estimates for the current year stand at 1.09.

Palomar Holdings Inc’s earning per share (EPS) jumped 36.25% since last year same period to 1.09 in the Q1 2024. This indicates that the Palomar Holdings Inc has generated 36.25% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Palomar Holdings Inc’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Palomar Holdings Inc’s return on equity (ROE) stands at 0.19.