RLI Corp. Shares Rise 6.4% Since Q2 Earnings Beat

Earnings
โดย Zacks Investment Research·US·Read original
Summary · why it matters

RLI Corp. shares have climbed about 6.4% in the month since its second-quarter earnings report, outperforming the S&P 500. The insurer posted operating earnings of 83 cents per share, beating the Zacks Consensus Estimate by 16.9% and rising 1.2% year over year. Operating revenues grew 4.9% to $463 million, driven by higher net premiums earned and net investment income, while gross premiums written increased 3.1% to $579.7 million. Underwriting income fell 3.7% to $59.9 million as the combined ratio deteriorated 110 basis points to 85.6, reflecting higher catastrophe losses. The company also announced a $250 million share repurchase program on May 14, 2026, and paid a regular quarterly dividend of 18 cents per share on June 12, 2026.

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Financials · 1 stocks
RLI Corp
RLI
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Q2 operating earnings beat estimates and revenues grew, with a new $250M buyback announced.