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RLI Corp (RLI)
NYSE:RLI
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Earnings Data
Report Date
Jan 22, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.88Last Year’s EPS
0.95Same Quarter Last Year
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 17, 2018
|% Change Since: -7.44%
|Next Earnings Date:Jul 18, 2018
Earnings Call Sentiment|Neutral
RLI demonstrated strong financial performance with consistent underwriting profitability and growth in investment income. However, the quarter was affected by natural catastrophe losses and reserve additions, particularly impacting the Casualty segment. The investment in Prime, while historically positive, presented a significant loss this quarter. Despite these challenges, RLI's continued commitment to financial discipline and shareholder returns, including a special dividend, underscores a balanced outlook.Company Guidance
In the fourth quarter earnings call for 2024, RLI Corp. provided detailed guidance on its financial performance, highlighting a 12% increase in net written premium and a 22% rise in underwriting profits for the year. The company reported operating earnings of $0.41 per share and a combined ratio of 94.4% for the quarter, impacted by hurricane losses. Full-year results showed a combined ratio of 86.2% and net earnings per share of $3.74. The Casualty segment saw an 18% growth in premium and a 10% rate increase, driven by auto coverages. Meanwhile, the Property segment experienced a slight decrease in premiums due to increased competition, yet maintained an 81% combined ratio. Investment income rose by 19%, contributing positively to the overall financial results. RLI also announced a special dividend of $2 per share, reflecting a continued commitment to returning capital to shareholders.29th Consecutive Year of Underwriting Profit
RLI achieved underwriting profitability for the 29th consecutive year, with a combined ratio of 86.2% for the full year.
Growth in Net Written Premium
Net written premium grew by 12%, and underwriting profits increased by 22% for the year.
Strong Investment Income
Investment income rose by 19% in the fourth quarter.
Casualty Segment Growth
Casualty segment's premium grew by 18% during the fourth quarter, with a 10% rate change driven by auto coverages.
Positive Return on Investment in Prime
Despite a loss in the fourth quarter, the investment in Prime remains positive with dividends exceeding the original investment.
Special Dividend to Shareholders
RLI paid a special dividend of $2 per share, split adjusted, in addition to the regular quarterly dividend.
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RLI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RLI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 22, 2025 | $78.07 | $71.75 | -8.10% |
| Oct 21, 2024 | $79.07 | $77.63 | -1.82% |
| Jul 22, 2024 | $68.00 | $70.00 | +2.94% |
| Apr 22, 2024 | $68.67 | $70.87 | +3.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does RLI Corp (RLI) report earnings?
RLI Corp (RLI) is schdueled to report earning on Jan 22, 2025, TBA Not Confirmed.
What is RLI Corp (RLI) earnings time?
RLI Corp (RLI) earnings time is at Jan 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RLI EPS forecast?
RLI EPS forecast for the fiscal quarter 2025 (Q1) is 0.88.
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