Palomar Holdings Beats Expectations in Q3
Update: 2025-11-07
Description
Palomar Holdings, a La Jolla-based insurance company, reported a profit of $51.5 million, or $1.87 per share, for Q3, surpassing analysts predictions by a significant margin. Adjusted earnings reached $2.01 per share, and revenue hit $244.7 million, also beating expectations. This consistent outperformance in profit and revenue showcases a strong quarter for the insurance holding company, indicating a healthy financial standing in the competitive insurance sector.
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