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Compared to Estimates, RLI Corp. (RLI) Q3 Earnings: A Look at Key Metrics

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RLI Corp. (RLI - Free Report) reported $471.61 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 5%. EPS of $0.86 for the same period compares to $0.83 a year ago.

The reported revenue represents a surprise of +1.07% over the Zacks Consensus Estimate of $466.64 million. With the consensus EPS estimate being $0.58, the EPS surprise was +48.28%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how RLI Corp. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Net operating expenses - Total: 38.8% versus 39.4% estimated by four analysts on average.
  • Net loss & settlement expenses - Total: 47.4% compared to the 53.3% average estimate based on four analysts.
  • Underwriting income (loss) - Total: 86.2% versus the four-analyst average estimate of 92.7%.
  • Net operating expenses - Casualty: 35.5% compared to the 36.7% average estimate based on three analysts.
  • Net operating expenses - Property: 35.5% compared to the 34.9% average estimate based on three analysts.
  • Underwriting income (loss) - Casualty: 99.6% versus the three-analyst average estimate of 100.4%.
  • Underwriting income (loss) - Property: 60.1% compared to the 76.9% average estimate based on three analysts.
  • Net premiums earned: $424.91 million compared to the $421.8 million average estimate based on four analysts. The reported number represents a change of +4.2% year over year.
  • Net investment income: $46.69 million versus $46.09 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +13.1% change.
  • Net premiums earned- Property: $126.52 million versus $119.8 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -0.1% change.
  • Net premiums earned- Surety: $36.22 million compared to the $36.1 million average estimate based on three analysts. The reported number represents a change of -3.4% year over year.
  • Net premiums earned- Casualty: $262.18 million compared to the $265.76 million average estimate based on three analysts. The reported number represents a change of +7.7% year over year.

View all Key Company Metrics for RLI Corp. here>>>

Shares of RLI Corp. have returned +2.8% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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