• RLI Corp RLI.N reported quarterly adjusted earnings of 83 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 66 cents. The mean expectation of eight analysts for the quarter was for earnings of 71 cents per share. Wall Street expected results to range from 55 cents to 90 cents per share.

• Revenue rose 1.4% to $407.33 million from a year ago; analysts expected $424.04 million.

• RLI Corp's reported EPS for the quarter was $1.35​.

• The company reported quarterly net income of $124.61 million.

• RLI Corp shares had fallen by 8.6% this quarter and lost 27.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 32.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is "buy."

• Wall Street's median 12-month price target for RLI Corp is $69.50, about 14.2% above its last closing price of $59.64

This summary was machine generated from LSEG data October 20 at 09:56 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)