LA JOLLA, Calif. (AP) 鈥� LA JOLLA, Calif. (AP) 鈥� Palomar Holdings Inc. (PLMR) on Wednesday reported first-quarter profit of $42.9 million.
On a per-share basis, the La Jolla, California-based company said it had profit of $1.57. Earnings, adjusted for one-time gains and costs, were $2.31 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.17 per share.
The insurance holding company posted revenue of $278.9 million in the period. Its adjusted revenue was $280.8 million, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $260.5 million.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/PLMR
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
