Old Republic (ORI) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Old Republic International (ORI) reported a revenue of $2.36 billion for the quarter ended December 2025, marking a year-over-year increase of 9.5% and exceeding the Zacks Consensus Estimate of $2.31 billion by 2.1% [1] - The company's EPS for the same period was $0.74, down from $0.90 a year ago, resulting in an EPS surprise of -16.85% compared to the consensus estimate of $0.89 [1] Financial Performance Metrics - The Specialty Insurance Segment reported a loss ratio of 67.6%, higher than the average estimate of 63.3% [4] - The Specialty Insurance Segment's expense ratio was 29.7%, slightly above the estimated 29.5% [4] - The Title Insurance Segment had a combined ratio of 94%, better than the average estimate of 96.5% [4] - The Title Insurance Segment's loss ratio was 0.7%, significantly lower than the average estimate of 1.5% [4] - The Title Insurance Segment's expense ratio was 93.3%, below the estimated 95% [4] Revenue Breakdown - Operating revenue for the Specialty Insurance Segment showed net premiums earned of $1.34 billion, slightly below the average estimate of $1.35 billion, with a year-over-year change of +8.1% [4] - The net investment income for the Specialty Insurance Segment was $157 million, exceeding the estimate of $154.08 million, representing a +10.2% change year-over-year [4] - Operating revenue for Corporate & Other was $11.2 million, above the estimate of $10.65 million, but this reflects a -21.7% change compared to the year-ago quarter [4] - The Title Insurance Segment's net premiums earned were $718.1 million, below the average estimate of $733.34 million, with a year-over-year change of +2.4% [4] - The net investment income for the Title Insurance Segment was $17.9 million, slightly above the estimate of $17.39 million, showing an +11.9% change year-over-year [4] - Other income for the Specialty Insurance Segment was reported at $47.2 million, exceeding the average estimate of $45.81 million, with a year-over-year change of +6.3% [4] Stock Performance - Shares of Old Republic have returned -7.5% over the past month, contrasting with the Zacks S&P 500 composite's +0.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]