RLI Corp (RLI) revealed earnings for fourth quarter that decreased from last year
The company's bottom line totaled $40.86 million, or $0.44 per share. This compares with $114.61 million, or $1.24 per share, last year.
Excluding items, RLI Corp reported adjusted earnings of $38.36 million or $0.41 per share for the period.
The company's revenue for the period rose 1.3% to $439.12 million from $433.52 million last year.
RLI Corp earnings at a glance (GAAP) :
-Earnings: $40.86 Mln. vs. $114.61 Mln. last year.
-EPS: $0.44 vs. $1.24 last year.
-Revenue: $439.12 Mln vs. $433.52 Mln last year.
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