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RLI Corp. (RLI) Q1 Earnings Surpass Estimates
RLIRLI(US:RLI) ZACKSยท2025-04-23 22:20

Group 1 - RLI Corp. reported quarterly earnings of $0.92 per share, exceeding the Zacks Consensus Estimate of $0.88 per share, but down from $0.95 per share a year ago, representing an earnings surprise of 4.55% [1] - The company posted revenues of $435.07 million for the quarter, missing the Zacks Consensus Estimate by 0.94%, compared to $393.52 million in the same quarter last year [2] - RLI Corp. has surpassed consensus EPS estimates three times over the last four quarters and topped consensus revenue estimates two times during the same period [2] Group 2 - The stock has declined approximately 5.1% since the beginning of the year, while the S&P 500 has decreased by 10.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.83 on revenues of $447.1 million, and for the current fiscal year, it is $3.05 on revenues of $1.81 billion [7] - The Zacks Industry Rank for Insurance - Property and Casualty is in the top 14% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] Group 3 - The estimate revisions trend for RLI Corp. is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting it may underperform the market in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - Arch Capital Group, another company in the same industry, is expected to report quarterly earnings of $1.37 per share, reflecting a year-over-year decline of 44.1% [9]