Palomar Q4 Earnings, Revenues Top Estimates, Premiums Rise Y/Y
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Palomar Holdings, Inc. (PLMR) reported Q4 earnings and revenues that exceeded estimates. The results were driven by higher premiums, improved underwriting income, and increased investment yields, although offset by higher losses and loss adjustment expenses.
February 14, 2025 | 5:30 pm
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Palomar Holdings reported better-than-expected Q4 earnings and revenues, driven by higher premiums and investment yields. However, the results were partially offset by increased losses and loss adjustment expenses.
The positive earnings and revenue surprise, along with higher premiums and investment yields, suggest a strong performance for PLMR, likely boosting investor confidence and stock price in the short term.
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