RLI Corp. (RLI) Tops Q1 EPS by 11c

RLI Corp. (NYSE: RLI) reported Q1 EPS of $0.71, $0.11 better than the analyst estimate of $0.60.

• Underwriting income(1) of $22.4 million, resulting in a combined ratio(1) of 89.0.
• 6% increase in gross premiums written and 16% increase in investment income.
• Favorable development in prior years’ loss reserves resulting in a $16.6 million net increase in underwriting income.
• Book value per share of $20.08, an increase of 12% from year-end 2018, inclusive of dividends.

For earnings history and earnings-related data on RLI Corp. (RLI) click here.

You May Also Be Interested In

• Klarna shares tumble on weak full-year revenue guidance
• Home Depot beats estimates, reaffirms fiscal 2026 guidance
• Klarna Group plc (KLAR) Tops Q2 EPS by 6c, Beats on Revenue; Offers FY26 Revenue Guidance