RLI Q3 EPS $0.61 Up From $0.50 YoY
Portfolio Pulse from Benzinga Newsdesk
RLI Corp. (NYSE:RLI) reported a 22% increase in its Q3 earnings per share (EPS), rising from $0.50 last year to $0.61 this year.
October 23, 2023 | 8:11 pm
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RLI Corp. reported a 22% YoY increase in its Q3 earnings, which could positively impact its stock price.
Earnings reports are a key indicator of a company's financial health. A higher than expected earnings report typically leads to a positive reaction in the stock market. Therefore, RLI's 22% increase in Q3 earnings could lead to a short-term increase in its stock price.
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