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RLI Corp.’s (RLI - Free Report) second-quarter 2019 operating earnings of 66 cents per share surpassed the Zacks Consensus Estimate by 13.8%. The bottom line increased 10% from the prior-year quarter.
RLI witnessed improved premiums across most of its product lines along with increase in net investment income in the reported quarter.
RLI Corp. Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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