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RLI's Q4 Earnings Miss on Higher Expenses, Premiums Rise Y/Y
RLIRLI(RLI) ZACKS·2025-01-23 22:56

RLI Corp. (RLI) reported fourth-quarter 2024 operating earnings of 41 cents per share, which missed the Zacks Consensus Estimate by 14.5%. The bottom line decreased 46.8% from the prior-year quarter.The quarterly results reflect higher premiums and improved investment income, partially offset by higher expenses and poor underwriting income.See the Zacks Earnings Calendar to stay ahead of market-making news.Operational PerformanceOperating revenues for the reported quarter were $436 million, up 15.3% year ov ...