RLI's Stock Gains Following Q3 Earnings and Revenue Beat

RLI Corp. (RLI) reported third-quarter 2024 operating earnings of $1.31 per share, which beat the Zacks Consensus Estimate by 33.7%. The bottom line more than doubled year over year.The quarterly results reflected the continued underwriting-focused business model and the strength of its diversified portfolio.RLI stock rose 1.2% in the after-market trading session to reflect the outperformance.RLI's Operational PerformanceOperating revenues for the reported quarter were$ 426 million, up 1.4% year over year, ...