Palomar's (PLMR) first-quarter results reflect improved premiums and net investment income. Premiums benefit from solid contributions from Crop and Casualty products.
While the top- and bottom-line numbers for Palomar (PLMR) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Palomar (PLMR) delivered earnings and revenue surprises of 18.48% and 6.42%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?