RLI (NYSE:RLI) is gearing up to announce its quarterly earnings on Wednesday, 2025-04-23. Here's a quick overview of what investors should know before the release.
Analysts are estimating that RLI will report an earnings per share (EPS) of $0.86.
RLI bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
In the previous earnings release, the company missed EPS by $0.11, leading to a 8.1% drop in the share price the following trading session.
Here's a look at RLI's past performance and the resulting price change:
Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
---|---|---|---|---|
EPS Estimate | 0.52 | 0.49 | 0.67 | 0.80 |
EPS Actual | 0.41 | 0.66 | 0.86 | 0.95 |
Price Change % | -8.0% | -2.0% | 3.0% | 3.0% |
Shares of RLI were trading at $75.42 as of April 21. Over the last 52-week period, shares are up 6.07%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for RLI visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.