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RLI Corp Announces Increase In Q4 Earnings

RLI Corp (RLI) revealed a profit for its fourth quarter that climbed from last year.

The company said its bottom line advanced to $53.94 million, or $1.21 per share. This was higher than $24.85 million, or $0.56 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.47 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.1% to $207.85 million. This was down from $212.31 million last year.

RLI Corp earnings at a glance:

-Earnings (Q4): $53.94 Mln. vs. $24.85 Mln. last year.
-Earnings Growth (Y-o-Y): 117.1%
-EPS (Q4): $1.21 vs. $0.56 last year.
-EPS Growth (Y-o-Y): 116.1%
-Analysts Estimate: $0.47
-Revenue (Q4): $207.85 Mln vs. $212.31 Mln last year.
-Revenue Change (Y-o-Y): -2.1%

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