RLI (RLI) Stock

RLI had a decent quarter, but they are facing increasing competition in key areas such as hurricanes and earthquakes. They have also raised rates for car insurance because of higher repair costs and more serious incidents. So far, the market has responded positively to these changes, and the number of events hasn't increased.

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has changed the outlooks for RLI Group (RLI) from stable to positive and confirmed their Financial Strength Rating (FSR) of A+ (Superior) along with Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior). Additionally, AM Best has also updated the outlook for RLI Corp., the publicly traded parent company, from stable to positive and maintained its Long-Term ICR of “a” (Excellent). All of these companies are based in Peoria.

RLI Corp. (NYSE:RLI) will hold its Q4 2024 Earnings Conference Call on January 23, 2024, at 11:00 AM ET. The call will feature key company leaders, including the Chief Investment Officer, President, and Chief Financial Officer. After the management's presentation, there will be a session for questions from participants.

The main figures for RLI Corp. (RLI) provide an overview of the company's performance for the quarter that ended in December 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.

RLI Corp. (RLI) reported quarterly earnings of $0.41 per share, which is lower than the Zacks Consensus Estimate of $0.48 per share. This is a decrease compared to earnings of $0.77 per share from the same period last year.

RLI stock is likely to benefit from a solid network of local branch offices, an emphasis on specialty insurance products, and a strong history of making profits from underwriting.

RLI Corp. (RLI) has the right mix of two important factors that could lead to a strong earnings report soon. Be ready for the main expectations.

RLI Corp. (RLI) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

PEORIA, Ill.--(BUSINESS WIRE)-- #casualtyinsurance--RLI Corp. plans to announce its earnings for the fourth quarter of 2024 after the market closes on Wednesday, January 22, 2025.