Examining the Future: RLI's Earnings Outlook

RLI (NYSE:RLI) is preparing to release its quarterly earnings on Monday, 2024-10-21. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect RLI to report an earnings per share (EPS) of $0.99.

The market awaits RLI's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings History Snapshot

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.

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 26.56%. 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.