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Market Overview

RLI: Q4 Earnings Insights

Share:

Shares of RLI (NYSE:RLI) were unchanged in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 19.05% over the past year to $0.75, which beat the estimate of $0.65.

Revenue of $229,847,000 higher by 5.50% from the same period last year, which missed the estimate of $235,610,000.

Guidance

RLI hasn't issued any earnings guidance for the time being.

RLI hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $110.59

52-week low: $66.02

Price action over last quarter: Up 6.18%

Company Description

RLI underwrites property and casualty insurance through major subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for unique risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include casualty, property, and surety.

 

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