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Exploring Analyst Estimates for Old Republic (ORI) Q3 Earnings, Beyond Revenue and EPS
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Analysts on Wall Street project that Old Republic International (ORI - Free Report) will announce quarterly earnings of $0.77 per share in its forthcoming report, representing a decline of 30.6% year over year. Revenues are projected to reach $2.49 billion, increasing 7.4% from the same quarter last year.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Old Republic metrics that are commonly monitored and projected by Wall Street analysts.
Analysts forecast 'Operating Revenue- Specialty Insurance Segment- Net premiums earned' to reach $1.42 billion. The estimate indicates a change of +7.5% from the prior-year quarter.
Analysts expect 'Operating Revenue- Specialty Insurance Segment- Net investment income' to come in at $162.15 million. The estimate suggests a change of +4.9% year over year.
The consensus estimate for 'Operating Revenue- Specialty Insurance Segment- Other income' stands at $52.07 million. The estimate points to a change of +2.9% from the year-ago quarter.
The consensus among analysts is that 'Operating Revenue- Corporate & Other' will reach $9.18 million. The estimate indicates a change of -26.6% from the prior-year quarter.
It is projected by analysts that the 'Operating Revenue- Title Insurance Segment- Net investment income' will reach $18.74 million. The estimate points to a change of +6.5% from the year-ago quarter.
The average prediction of analysts places 'Operating Revenue- Specialty Insurance Segment' at $1.63 billion. The estimate indicates a change of +7.1% from the prior-year quarter.
Based on the collective assessment of analysts, 'Operating Revenue- Title Insurance Segment' should arrive at $852.52 million. The estimate suggests a change of +8.6% year over year.
The collective assessment of analysts points to an estimated 'Specialty Insurance Segment - Loss Ratio' of 65.7%. Compared to the present estimate, the company reported 63.5% in the same quarter last year.
The combined assessment of analysts suggests that 'Specialty Insurance Segment - Expense Ratio' will likely reach 32.3%. The estimate compares to the year-ago value of 31.3%.
Analysts predict that the 'Title Insurance Segment - Combined Ratio' will reach 97.1%. Compared to the current estimate, the company reported 96.4% in the same quarter of the previous year.
According to the collective judgment of analysts, 'Title Insurance Segment - Expense Ratio' should come in at 93.6%. Compared to the current estimate, the company reported 93.7% in the same quarter of the previous year.
Analysts' assessment points toward 'Specialty Insurance Segment - Combined Ratio' reaching 98.0%. Compared to the present estimate, the company reported 94.8% in the same quarter last year.
Old Republic shares have witnessed a change of +0.1% in the past month, in contrast to the Zacks S&P 500 composite's +0.7% move. With a Zacks Rank #3 (Hold), ORI is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Exploring Analyst Estimates for Old Republic (ORI) Q3 Earnings, Beyond Revenue and EPS
Analysts on Wall Street project that Old Republic International (ORI - Free Report) will announce quarterly earnings of $0.77 per share in its forthcoming report, representing a decline of 30.6% year over year. Revenues are projected to reach $2.49 billion, increasing 7.4% from the same quarter last year.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Old Republic metrics that are commonly monitored and projected by Wall Street analysts.
Analysts forecast 'Operating Revenue- Specialty Insurance Segment- Net premiums earned' to reach $1.42 billion. The estimate indicates a change of +7.5% from the prior-year quarter.
Analysts expect 'Operating Revenue- Specialty Insurance Segment- Net investment income' to come in at $162.15 million. The estimate suggests a change of +4.9% year over year.
The consensus estimate for 'Operating Revenue- Specialty Insurance Segment- Other income' stands at $52.07 million. The estimate points to a change of +2.9% from the year-ago quarter.
The consensus among analysts is that 'Operating Revenue- Corporate & Other' will reach $9.18 million. The estimate indicates a change of -26.6% from the prior-year quarter.
It is projected by analysts that the 'Operating Revenue- Title Insurance Segment- Net investment income' will reach $18.74 million. The estimate points to a change of +6.5% from the year-ago quarter.
The average prediction of analysts places 'Operating Revenue- Specialty Insurance Segment' at $1.63 billion. The estimate indicates a change of +7.1% from the prior-year quarter.
Based on the collective assessment of analysts, 'Operating Revenue- Title Insurance Segment' should arrive at $852.52 million. The estimate suggests a change of +8.6% year over year.
The collective assessment of analysts points to an estimated 'Specialty Insurance Segment - Loss Ratio' of 65.7%. Compared to the present estimate, the company reported 63.5% in the same quarter last year.
The combined assessment of analysts suggests that 'Specialty Insurance Segment - Expense Ratio' will likely reach 32.3%. The estimate compares to the year-ago value of 31.3%.
Analysts predict that the 'Title Insurance Segment - Combined Ratio' will reach 97.1%. Compared to the current estimate, the company reported 96.4% in the same quarter of the previous year.
According to the collective judgment of analysts, 'Title Insurance Segment - Expense Ratio' should come in at 93.6%. Compared to the current estimate, the company reported 93.7% in the same quarter of the previous year.
Analysts' assessment points toward 'Specialty Insurance Segment - Combined Ratio' reaching 98.0%. Compared to the present estimate, the company reported 94.8% in the same quarter last year.
View all Key Company Metrics for Old Republic here>>>Old Republic shares have witnessed a change of +0.1% in the past month, in contrast to the Zacks S&P 500 composite's +0.7% move. With a Zacks Rank #3 (Hold), ORI is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .