Compared to Estimates, Palomar (PLMR) Q1 Earnings: A Look at Key Metrics

Palomar (PLMR) reported $280.83 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 58.7%. EPS of $2.31 for the same period compares to $1.87 a year ago.The reported revenue represents a surprise of +7.8% over the Zacks Consensus Estimate of $260.52 million. With the consensus EPS estimate being $2.17, the EPS surprise was +6.33%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Palomar performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Loss Ratio: 33.3% versus the four-analyst average estimate of 32.1%.Combined Ratio: 84.5% versus the three-analyst average estimate of 78.7%.Expense Ratio: 51.2% compared to the 47.4% average estimate based on three analysts.Adjusted combined ratio: 76% versus 74.9% estimated by two analysts on average.Revenues- Net investment income: $17.98 million compared to the $16.63 million average estimate based on four analysts. The reported number represents a change of +49% year over year.Revenues- Commission and other income: $1.41 million versus the four-analyst average estimate of $1.36 million. The reported number represents a year-over-year change of +69.9%.Revenues- Net earned premiums: $261.44 million versus $242.53 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +59.4% change.View all Key Company Metrics for Palomar here>>>Shares of Palomar have returned -10.7% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks