Palomar (PLMR) reported Q1 adjusted earnings late Monday of $1.87 per share, up from $1.09 a year earlier.
Analysts polled by FactSet expected $1.59.
Total revenue for the quarter ended March 31 was $174.6 million, up from $118.5 million a year ago. One analyst expected $164.2 million in a FactSet poll.
Palomar raised its 2025 adjusted net income guidance to $186 million to $200 million from $180 million to $192 million previously.
Shares were down 3% in after-hours activity.
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