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PLMR

Palomar Holdings Inc

$80.13

Earnings Summary

Revenue
$118.54Mn
Net Profits
$26.38Mn
Net Profit Margins
22.26%
PE Ratio
23.81

Highlights

Revenue:

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.

Net Profits:

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.

Net Profit Margins:

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.

PE Ratio:

Palomar Holdings Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 23.81.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Palomar Holdings Inc post its latest quarter earnings

EPS Estimate Current Quarter
1.1
EPS Estimate Current Year
1.1

Highlights

EPS Estimate Current Quarter:

Palomar Holdings Inc’s earning per share (EPS) estimates for the current quarter stand at 1.1 - a 17.02% jump from last quarter’s estimates.

EPS Estimate Current Year:

Palomar Holdings Inc’s earning per share (EPS) estimates for the current year stand at 1.1.

Key Ratios

Key ratios of the Palomar Holdings Inc post its Q1 2024 earnings

Earning Per Share (EPS)
1.09
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.19

Highlights

Earning Per Share (EPS):

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):

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.

Earning Per Share (EPS):

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.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-03
0.94
1.09
15.96%

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