Core Insights - RLI Corp. reported revenue of $435.95 million for the quarter ended December 2024, reflecting a year-over-year increase of 15.2% [1] - The company's EPS was $0.41, down from $0.77 in the same quarter last year, indicating a decline in profitability [1] - Revenue slightly missed the Zacks Consensus Estimate of $436.37 million, resulting in a surprise of -0.10% [1] - The EPS also fell short of the consensus estimate of $0.48, leading to an EPS surprise of -14.58% [1] Financial Performance Metrics - Net operating expenses were reported at 37.6%, better than the five-analyst average estimate of 38.6% [4] - Net loss and settlement expenses totaled 56.8%, compared to the five-analyst average estimate of 57.9% [4] - Underwriting income (loss) was at 94.4%, slightly below the average estimate of 96.5% [4] - Net premiums earned reached $397.18 million, which is a year-over-year increase of 14.8% but below the five-analyst average estimate of $398.26 million [4] - Net investment income was $38.78 million, exceeding the average estimate of $38.11 million, representing a year-over-year change of 19.1% [4] Segment Performance - Net premiums earned in the Property segment were $134.61 million, slightly below the estimated $136.52 million but showing a year-over-year increase of 16.1% [4] - Net premiums earned in the Surety segment were $36.74 million, below the estimate of $38.22 million, with a year-over-year increase of 8.1% [4] - Net premiums earned in the Casualty segment were $225.82 million, surpassing the average estimate of $223.17 million, reflecting a year-over-year increase of 15.2% [4] Stock Performance - RLI Corp.'s shares have returned -6.7% over the past month, contrasting with the Zacks S&P 500 composite's increase of +2.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

RLI Corp. (RLI) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.58%. A quarter ago, it was expected that this specialty insurance company would post earnings of $0.49 per share when it actually produced earnings of $0.66, delivering a surprise of 34.69%.Over the last four quarters ...

EXHIBIT 99.1 RLI REPORTS FOURTH QUARTER AND YEAR-END 2024 RESULTS PEORIA, ILLINOIS, January 22, 2025 – RLI Corp. (NYSE: RLI) – RLI Corp. reported fourth quarter 2024 net earnings of $40.9 million ($0.44 per share), compared to $114.6 million ($1.24 per share) for the fourth quarter of 2023. Operating earnings(1) for the fourth quarter of 2024 were $38.4 million ($0.41 per share), compared to $71.1 million ($0.77 per share) for the same period in 2023. On January 15, 2025, RLI executed a two-for-one stock sp ...

RLI Corp. (RLI) has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of Jan. 16, 2025, was $77.83, down 14.6% from its 52-week high of $91.14.The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as this is the first marker of an uptrend or downtrend.With a market capitalization of $7.13 billion, RLI is set to gain from business expansion, rate increase, ...

In its upcoming report, RLI Corp. (RLI) is predicted by Wall Street analysts to post quarterly earnings of $0.95 per share, reflecting a decline of 38.3% compared to the same period last year. Revenues are forecasted to be $436.37 million, representing a year-over-year increase of 15.3%.The current level reflects a downward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial pr ...

Wall Street expects a year-over-year decline in earnings on higher revenues when RLI Corp. (RLI) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 22. On ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering RLI Corp. (RLI) , which belongs to the Zacks Insurance - Property and Casualty industry.This specialty insurance company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 30.54%.For the last reported quarter, RLI Corp. Came out with ...

Shares of RLI Corp. (RLI) have gained 17.9% in six months, outperforming the industry’s 11.4% growth. The insurer also outperformed the Zacks S&P 500 composite and the Finance sector’s return of 11.1% and 8.1%, respectively, in six months. With a market capitalization of $7.64 billion, the average volume of shares traded in the last three months was 0.1 million.RLI Outperforms Industry, Sector, S&P in 6 MonthsImage Source: Zacks Investment ResearchThis property and casualty insurer has a solid track record ...

Core Viewpoint - RLI Corp. has shown strong performance in its recent earnings report, with significant increases in operating earnings and revenues, indicating a robust underwriting-focused business model and a diversified portfolio [2][3]. Financial Performance - RLI Corp. reported Q3 2024 operating earnings of $1.31 per share, exceeding the Zacks Consensus Estimate by 33.7% and more than doubling year-over-year [2]. - Operating revenues reached $426 million, a 1.4% increase year-over-year, driven by a 22.3% rise in net premiums earned and a 14.8% increase in net investment income [3]. - Gross premiums written increased by 13% year-over-year to $563.4 million, with notable growth in the Casualty (up 15.7%), Property (up 9.6%), and Surety segments (up 9%) [3]. - Net investment income rose 15% year-over-year to $36.7 million, while total expenses increased by 11.3% to $354.4 million due to various operational costs [4]. Underwriting and Ratios - Underwriting income surged to $40.7 million from $4.2 million in the previous year, with the combined ratio improving by 910 basis points to 89.6 [5]. Financial Update - As of September 30, 2024, RLI had total investments and cash of $4.2 billion, a 14.9% increase from the end of 2023, and a book value of $38.17 per share, up 26% [6]. - Net cash flow from operations was $219.4 million, reflecting a 122.5% year-over-year increase, while the statutory surplus rose 18.8% to $1.8 billion [6]. Dividend Information - RLI paid a dividend of 29 cents on September 20, 2024, with cumulative dividends exceeding $822 million over the last five years [7]. Market Sentiment and Estimates - Recent estimates for RLI have shown a downward trend, with the consensus estimate shifting down by 37.38% [8][9]. - The stock currently holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [12]. Industry Comparison - RLI Corp. operates within the Zacks Insurance - Property and Casualty industry, where another player, Travelers, reported revenues of $11.85 billion, reflecting a year-over-year increase of 10.7% [13]. - Travelers is projected to post earnings of $6.28 per share for the current quarter, indicating a year-over-year decline of 10.4%, with a Zacks Rank 2 (Buy) [14].

The CrickAnt is an actuary for an insurance company utilizing his work experience to do analysis on insurance and reinsurance companies. He is a contributing author to the investing group Cash Flow Club where along with Darren McCammon and Jonathan Weber, they focus on company cash flows and their access to capital. Core features of the Cash Flow Club include: access to the leader's personal income portfolio targeting 6%+ yield, community chat, the "Best Opportunities" List, performance transparency and cov ...