RLI Corp. (RLI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Financial Performance - RLI Corp. reported revenue of $435.07 million for the quarter ended March 2025, reflecting a year-over-year increase of 10.6% [1] - The company's EPS was$ 0.92, a slight decrease from $0.95 in the same quarter last year [1] - Revenue fell short of the Zacks Consensus Estimate of$ 439.19 million, resulting in a surprise of -0.94% [1] - The EPS exceeded the consensus estimate of $0.88, delivering a surprise of +4.55% [1] Key Metrics - Net loss & settlement expenses were reported at 44.5%, compared to the five-analyst average estimate of 45.9% [4] - Net operating expenses totaled 37.8%, slightly better than the 38.4% average estimate [4] - Underwriting income (loss) was reported at 82.3%, compared to the average estimate of 84.3% [4] - Net investment income was$ 36.73 million, below the average estimate of $38.64 million, but showed a year-over-year increase of +11.8% [4] Premiums Earned - Net premiums earned were$ 398.35 million, slightly below the average estimate of $400.55 million, with a year-over-year change of +10.4% [4] - Net premiums earned in the Property segment were$ 132.54 million, compared to the estimated $133.13 million, representing a +2.4% change year-over-year [4] - Net premiums earned in the Surety segment were$ 36.75 million, below the average estimate of $37.75 million, with a year-over-year increase of +11.4% [4] - Net premiums earned in the Casualty segment were$ 229.05 million, exceeding the average estimate of $227.36 million, reflecting a +15.5% change year-over-year [4] Stock Performance - RLI Corp. shares returned +0.3% over the past month, contrasting with the Zacks S&P 500 composite's -6.6% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]