Palomar Holdings posted Q3 GWP of $767.0 million, up 28% year-over-year, and declared a $0.45 per share dividend as it continues its streak of 16 consecutive quarters of beating consensus adjusted EPS.
The 8-K investor presentation raises full-year 2026 adjusted net income guidance to $280M-$285M and reports Q3 GWP of $767.0M up 28% YoY, adjusted net income of $81.3M up 47%, and diluted adjusted EPS of $3.01 up 50%. Raised guidance with strong beat streak (16 consecutive quarters) is a clear positive for the stock, though the outlook is not reconciled to GAAP.
Palomar Holdings reported strong third-quarter results, highlighted by a 47% year-over-year increase in adjusted net income to $81.3 million and a 50% rise in diluted adjusted EPS to $3.01. Following this performance, the company raised its full-year 2026 adjusted net income guidance to a range of $280 million to $285 million.
The company raised its full-year 2026 adjusted net income guidance to $280M-$285M and reported third-quarter adjusted net income of $81.3M (up 47% YoY) with adjusted EPS of $3.01 (up 50% YoY), alongside 16 consecutive quarters of beating consensus adjusted EPS.
Yes. The full-year adjusted net income outlook is not reconciled to GAAP net income, and results could differ materially due to catastrophe events, loss reserve adequacy, reinsurance costs, and crop price volatility.