RLI Corp. (RLI) Lags Q4 Earnings and Revenue Estimates

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 ...