RLI Corp Profit Declines In Q4

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.

by RTTNews Staff Writer

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