Earnings To Watch: Palomar Holdings (PLMR) Reports Q2 Results Tomorrow

PLMR Cover Image

Specialty insurance provider Palomar Holdings (NASDAQ: PLMR) will be reporting results this Monday after market close. Here’s what you need to know.

Palomar Holdings beat analysts’ revenue expectations by 1.8% last quarter, reporting revenues of $174.6 million, up 47.3% year on year. It was a strong quarter for the company, with a solid beat of analysts’ EPS estimates and a solid beat of analysts’ net premiums earned estimates.

Is Palomar Holdings a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Palomar Holdings’s revenue to grow 42% year on year to $186.1 million, slowing from the 45% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.68 per share.

Palomar Holdings Total Revenue

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Palomar Holdings has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 5.3% on average.

Looking at Palomar Holdings’s peers in the property & casualty insurance segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Mercury General delivered year-on-year revenue growth of 13.2%, beating analysts’ expectations by 2%, and Allstate reported revenues up 6%, falling short of estimates by 0.7%. Mercury General’s stock price was unchanged after the resultswhile Allstate was up 5.7%.

Read our full analysis of Mercury General’s results here and Allstate’s results here.

The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the property & casualty insurance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4% on average over the last month. Palomar Holdings is down 9.1% during the same time and is heading into earnings with an average analyst price target of $182.83 (compared to the current share price of $132.08).

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