RLI (NYSE:RLI) reported its Q1 earnings results on Wednesday, April 19, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
RLI beat estimated earnings by 33.61%, reporting an EPS of $1.63 versus an estimate of $1.22.
Revenue was up $52.70 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.37 which was followed by a 1.82% drop in the share price the next day.
Here’s a look at RLI’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.16 | 0.56 | 1.02 | 0.98 |
| EPS Actual | 1.53 | 0.50 | 1.49 | 1.43 |
| Revenue Estimate | 298.45M | 321.66M | 303.97M | 252.76M |
| Revenue Actual | 298.50M | 318.83M | 334.32M | 289.89M |
To track all earnings releases for RLI visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
