RLI RLI is set to give its latest quarterly earnings report on Monday, 2024-10-21. Here's what investors need to know before the announcement.
Analysts estimate that RLI will report an earnings per share (EPS) of $0.99.
Investors in RLI are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Past Earnings Performance
The company's EPS beat by $0.38 in the last quarter, leading to a 2.95% increase in the share price on the following day.
Here's a look at RLI's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.34 | 1.60 | 1.49 | 0.08 |
| EPS Actual | 1.72 | 1.89 | 1.54 | 0.61 |
| Price Change % | 3.0% | 3.0% | -4.0% | 6.0% |
Performance of RLI Shares
Shares of RLI were trading at $164.21 as of October 17. Over the last 52-week period, shares are up 26.05%. 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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