Old Republic Intl Q3 2024 Adj. EPS $0.71 Misses $0.73 Estimate, Sales $2.144B Beat $2.065B Estimate
Portfolio Pulse from Benzinga Newsdesk
Old Republic International (NYSE:ORI) reported Q3 2024 earnings per share of $0.71, missing the consensus estimate of $0.73. However, the company exceeded sales expectations with $2.144 billion, a 10.12% increase from the previous year.
October 24, 2024 | 11:01 am
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Old Republic International's Q3 2024 earnings per share of $0.71 missed expectations, but sales of $2.144 billion exceeded forecasts, showing a strong revenue growth of 10.12% year-over-year.
The mixed earnings report, with EPS missing but sales beating expectations, suggests potential volatility in ORI's stock price. The strong sales growth is a positive indicator, but the EPS miss could weigh on investor sentiment.
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