Recap: Palomar Hldgs Q4 Earnings
Portfolio Pulse from Benzinga Insights
Palomar Holdings (NASDAQ:PLMR) reported Q4 earnings with an EPS of $1.11, beating estimates by 18.09% against an expected $0.94. Revenue increased by $11.52 million from the same period last year. The company has a history of beating EPS estimates, which in the past has led to a significant increase in share price the following day.
February 14, 2024 | 9:35 pm
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Palomar Holdings reported a strong Q4 earnings beat with an EPS of $1.11, exceeding estimates by 18.09%, and a significant year-over-year revenue increase.
Palomar Holdings' Q4 earnings beat and historical performance suggest a positive short-term impact on its stock price. Past earnings beats have led to substantial next-day share price increases, indicating a likely similar outcome.
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