Old Republic Intl Q2 2024 Adj EPS $0.76 Beats $0.64 Estimate, Sales $2.012B Beat $1.919B Estimate
Portfolio Pulse from Benzinga Newsdesk
Old Republic International (NYSE: ORI) reported strong Q2 2024 results, with adjusted EPS of $0.76 beating estimates by 18.75% and sales of $2.012 billion surpassing expectations by 4.86%. Both earnings and sales showed significant year-over-year growth.
July 25, 2024 | 11:04 am
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Old Republic International (NYSE: ORI) reported Q2 2024 adjusted EPS of $0.76, beating the $0.64 estimate by 18.75%. Sales of $2.012 billion also exceeded the $1.919 billion estimate, showing a 10.01% year-over-year increase.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, is likely to positively impact ORI's stock price in the short term. Investors typically react favorably to such earnings surprises.
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