16.10.2013 23:17:53

RLI Q3 Profit Rises - Quick Facts

(RTTNews) - RLI Corp. (RLI) reported that its third-quarter net income increased to $37.65 million or $1.73 per share, from $25.46 million or $1.19 per share, last year. Comprehensive earnings per share was $1.64 for the quarter. Earnings per sahre from operations was $1.40 for the quarter.

On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.98 for the quarter. Analysts' estimates typically exclude special items.

Consolidated revenue rose to $188.30 million, from $169.65 million, a year ago. Net premiums earned increased to $163.70 million, from $149.94 million, a year ago. Analysts expected revenue of $167.83 million for the quarter.

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RLI Corp. 168,00 -1,18% RLI Corp.