RLI (RLI) reported Q4 operating earnings late Wednesday of $0.41 per diluted share, down from $0.77 a year earlier.
Analysts polled by FactSet expected $0.52.
Revenue in the three months ended Dec. 31 rose to $439.1 million from $433.5 million a year earlier.
Analysts surveyed by FactSet expected $473.5 million.
Shares of the company fell 8.3% in after-hours trading.
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