Old Republic (ORI) Tops Q2 EPS by 1c, Revenues Beat

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Go back to Old Republic (ORI) Tops Q2 EPS by 1c, Revenues Beat

Old Republic Reports Results For The Second Quarter And First Half 2018

July 26, 2018 9:03 AM EDT

CHICAGO, July 26, 2018 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today reported the operating and net income amounts shown in the following table. Pretax operating income benefitted from improving underwriting/service income trends for General Insurance in particular, mid-single digit investment income growth, and lower debt interest costs. Post-tax operating income was affected by the same factors and a lower corporate income tax rate, while net income was additionally influenced by variations in realized investment gains and the inclusion, for the first time in 2018, of unrealized investment gains or... More