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 Days
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This article originally published on Zacks Investment Research (zacks.com).