Investing.com - RLI reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
RLI announced earnings per share of $0.50 on revenue of $859.49. Analysts polled by Investing.com EPS of $0.83 on revenue of $380.74M.
RLI 's are down 22% and is trading at $109.87 , still down 7.71% from its 52 week high of $121.93 set on Tuesday, May 31, 2022.
RLI shares lost 2.36% to trade at $109.87 in after-hours trade the report.
RLI follows other major Financial sector earnings this month
RLI's report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.78 on revenue of $23.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar