RLI Corp. (RLI) is well-poised to gain from a strong product portfolio, rate increases, improved retention, higher premium receipts and sufficient liquidity. Optimistic Growth Projections The Zacks Consensus Estimate for RLI's 2024 earnings per share indicates an increase of 22.5% from the yearago reported number. The consensus estimate for revenues is pegged at $1.67 billion, implying a year-over-year improvement of 18%. The consensus estimate for 2025 earnings per share and revenues indicates an increase ...

While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 19% over the past 3-5 years versus the industry average of 11.8%. RLI Corp. (RLI) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank. By their very nature, these stocks carry ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) RLI Corp. (Exact name of registrant as specified in its charter) Delaware 37-0889946 (I.R.S. Employer Identification Number) (State or other jurisdiction of incorporation or organization) 9025 North Lindbergh Drive, Peoria, IL 61615 (Address of principal executive offices) (Zip Code) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period e ...

RLI Corp. (NYSE:RLI) Q2 2024 Earnings Conference Call July 23, 2024 11:00 AM ET Company Participants Aaron Diefenthaler - Chief Investment Officer and Treasurer Craig Kliethermes - President and Chief Executive Officer Todd Bryant - Chief Financial Officer Jen Klobnak - Chief Operating Officer Conference Call Participants Sid Parameswar - Raymond James Andrew Anderson - Jefferies Scott Heleniak - RBC Meyer Shields - KBW Operator Good morning, and welcome to the RLI Corp Second Quarter Earnings Teleconferenc ...

RLI Corp. (RLI) reported second-quarter 2024 operating earnings of $1.72 per share, beating the Zacks Consensus Estimate by 27.4%. The bottom line improved 48.3% year over year. The quarterly results reflect the continued underwriting-focused business model and the strength of its diversified portfolio. Shares gained 4.8% in the after-market trading session to reflect the outperformance. RLI Corp. Price, Consensus and EPS Surprise Operational Performance Operating revenues for the reported quarter were $413 ...

For the quarter ended June 2024, RLI Corp. (RLI) reported revenue of $413.03 million, up 17.7% over the same period last year. EPS came in at $1.72, compared to $1.16 in the year-ago quarter. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Here is how RLI Corp. performed in the ...

EXHIBIT 99.1 PEORIA, ILLINOIS, July 22, 2024 – RLI Corp. (NYSE: RLI) – RLI Corp. reported second quarter 2024 net earnings of $82.0 million ($1.78 per share), compared to $77.7 million ($1.69 per share) for the second quarter of 2023. Operating earnings(1) for the second quarter of 2024 were $79.3 million ($1.72 per share), compared to $53.3 million ($1.16 per share) for the same period in 2023. Highlights for the quarter included: ● Underwriting income(1) of $70.0 million on a combined ratio(1) of 81.5. ● ...

The market expects RLI Corp. (RLI) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. Zacks Consensus Estimate Estimate Revisions Trend Earnings Whisper Thus, a positive or negative Earnings ESP reading theoretically indi ...

RLI Corp.'s (RLI) strong product portfolio, rate increases, improved retention, higher premium receipts and sufficient liquidity make it worth adding to one's portfolio. The consensus estimate for 2025 earnings per share and revenues indicates an increase of 3.8% and 9.2%, respectively, from the corresponding 2024 estimates. Estimate Revision The Zacks Consensus Estimate for 2024 and 2025 earnings has moved 1.9% and 2.7% north, respectively, in the past 60 days. This should instill investors' confidence in ...

Core Viewpoint - RLI Corp. has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive earnings outlook that may lead to increased stock price [1][3][11] Earnings Estimates and Revisions - The Zacks Consensus Estimate for RLI Corp. is projected at $5.84 per share for the fiscal year ending December 2024, reflecting an 18.2% year-over-year increase [8] - Over the past three months, the Zacks Consensus Estimate for RLI Corp. has risen by 5.4%, indicating a trend of increasing earnings estimates [8] Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 5% receiving a 'Strong Buy' rating, highlighting RLI Corp.'s strong position [7][9] - The Zacks Rank has a proven track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988, suggesting potential for significant returns [7] Market Implications - The upgrade reflects an improvement in RLI Corp.'s underlying business, which is expected to drive buying pressure and increase the stock price [5][11] - The correlation between earnings estimate revisions and stock price movements is emphasized, indicating that tracking these revisions can be beneficial for investment decisions [6][4]