Palomar (PLMR) Reports Q4 Earnings: $2.24 EPS, Surpasses Analyst Forecasts

Palomar Holdings Inc. (PLMR) released Q4 results showing net income of $56.2 million, or $2.24 per share on an adjusted basis, surpassing Zacks Investment Research’s average analyst estimate of $2.06 per share. Revenue totaled $253.4 million, with adjusted revenue of $251 million, also beating forecasts of $222 million. Year-over-year, the company posted net income of $197.1 million, or $7.17 per share, and revenue of $864.1 million.