Specialty insurance provider Palomar Holdings (NASDAQ: PLMR) will be reporting earnings this Thursday after the bell. Here’s what to expect.

Palomar Holdings beat analysts’ revenue expectations by 9.2% last quarter, reporting revenues of $203.3 million, up 55.1% year on year. It was a strong quarter for the company, with a solid beat of analysts’ net premiums earned estimates and an impressive beat of analysts’ revenue estimates.

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

This quarter, analysts are expecting Palomar Holdings’s revenue to grow 49.5% year on year to $221.9 million, slowing from the 63.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.58 per share.

Analysts covering the company have generally 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 6.4% on average.

Looking at Palomar Holdings’s peers in the property & casualty insurance segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Stewart Information Services delivered year-on-year revenue growth of 19.1%, beating analysts’ expectations by 30.8%, and Skyward Specialty Insurance reported revenues up 27.1%, topping estimates by 14.3%. Stewart Information Services traded down 4.1% following the results while Skyward Specialty Insurance was up 1.4%.

Read our full analysis of Stewart Information Services’s results here and Skyward Specialty Insurance’s results here.

The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. 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 3.3% on average over the last month. Palomar Holdings is up 2.3% during the same time and is heading into earnings with an average analyst price target of $157.20 (compared to the current share price of $115.51).

P.S. In tech investing, "Gorillas" are the rare companies that dominate their markets—like Microsoft and Apple did decades ago. Today, the next Gorilla is emerging in AI-powered enterprise software. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.