RLI Corp. (RLI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
RLI Corp. (RLI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
RLI stock rallies on the back of a strong local branch office network, a focus on specialty insurance lines and an impressive record of underwriting profits.
RLI Corp. (RLI) reported earnings 30 days ago. What's next for the stock?
RLI stock rallies on the back of a strong local branch office network, a focus on specialty insurance lines and an impressive record of underwriting profits.
RLI's board of directors approves a special cash dividend of $4.00 per share, supported by sufficient liquidity and strong cash flow to enhance its shareholders' value.
RLI Corp. is a "Dividend Insurance Champion," with 49 consecutive years of dividend increases and a strong total return, outperforming the S&P 500 over 20 years. The company's disciplined approach prioritizes underwriting margins, resulting in consistent dividend growth and solid performance in the U.S. property and casualty market. Despite some margin compression in casualty and surety segments, RLI's diverse portfolio and rate increases ensure solid underwriting results for 2024.
RLI Corp. (NYSE:RLI ) Q3 2024 Earnings Conference Call October 22, 2024 11:00 AM ET Company Participants Aaron Diefenthaler - CIO and Treasurer Craig Kliethermes - President and CEO Todd Bryant - CFO Jen Klobnak - COO Conference Call Participants Bill Carcache - Wolfe Research Michael Phillips - Oppenheimer Gregory Peters - Raymond James Andrew Anderson - Jefferies Scott Heleniak - RBC Operator Good morning, and welcome to the RLI Corp's Third Quarter Earnings Teleconference. [Operator Instructions] Before we get started, let me remind everyone that through the course of the teleconference, RLI management may make comments that reflect their intentions, beliefs and expectations for the future.
RLI's Q3 earnings reflect continued underwriting-focused business model and the strength of its diversified portfolio.
While the top- and bottom-line numbers for RLI Corp. (RLI) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
RLI Corp. (RLI) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.61 per share a year ago.
RLI is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.