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RLI's Q2 Earnings Beat Estimates on Strong Net Investment Income
ZACKS· 2025-07-22 17:16
Key Takeaways RLI's revenue rose 6.9% year over year to $441M, driven by premiums and investment income growth. Net investment income jumped 16% to $39.4M, while underwriting income fell 11.14% to $62.2M. RLI's combined ratio declined 300 bps to 84.5, and book value rose 16% to $18.89 per share.RLI Corp. (RLI) reported second-quarter 2025 operating earnings of 84cents per share, beating the Zacks Consensus Estimate by 12%. The bottom line, however, decreased 2.3% from the prior-year quarter. The quarterl ...
Unveiling Ally Financial (ALLY) Q2 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2025-07-15 14:16
Analysts on Wall Street project that Ally Financial (ALLY) will announce quarterly earnings of $0.78 per share in its forthcoming report, representing a decline of 19.6% year over year. Revenues are projected to reach $2.03 billion, increasing 1.5% from the same quarter last year.Over the last 30 days, there has been a downward revision of 1.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial foreca ...
RLI Q1 Earnings Outshine Estimates, Premiums Increase Y/Y
ZACKS· 2025-04-24 18:55
Core Insights - RLI Corp. reported first-quarter 2025 operating earnings of 92 cents per share, exceeding the Zacks Consensus Estimate by 4.5%, but down 9.2% from the prior-year quarter [1] - The quarterly results were influenced by higher premiums and improved investment income, which were offset by increased expenses and poor underwriting income [1] Operational Performance - Operating revenues for the quarter reached $436 million, reflecting a 10.7% year-over-year increase, driven by higher net premiums earned and net investment income, although it missed the Zacks Consensus Estimate by 0.9% [2] - Gross premiums written rose 5% year over year to $491 million, primarily due to strong performance in the Casualty segment, which increased by 13.5% [2] - Net investment income increased by 12% year over year to $36.7 million, falling short of the Zacks Consensus Estimate of $38.6 million [3] - Total expenses increased by 14.7% year over year to $332 million, mainly due to higher loss and settlement expenses and policy acquisition costs [3] Underwriting Performance - Underwriting income decreased by 9.3% year over year to $70.5 million, with the combined ratio deteriorating by 380 basis points to 82.3 [4] Dividend Update - On March 20, 2025, RLI paid a regular quarterly dividend of 15 cents per share, with cumulative dividends exceeding $967 million over the last five years [5] Peer Performance - The Travelers Companies reported first-quarter 2025 core income of $1.91 per share, beating the Zacks Consensus Estimate, but down 29.3% year over year [7] - Progressive Corporation's first-quarter 2025 earnings per share of $4.65 missed the Zacks Consensus Estimate, although it increased by 24.6% year over year [9] - W.R. Berkley Corporation's first-quarter 2025 operating income of $1.01 per share matched the Zacks Consensus Estimate, but declined 2.9% year over year [11]