RLI's Q2 Earnings, Revenues Top Estimates on Strong Underwriting

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 ...