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 anticipated EPS of $0.83 on revenue of $380.74M.
RLI shares are down 22% from the beginning of the year and are trading at $109.87 , down-from-52-week-high.
RLI shares lost 2.36% 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, compared to forecasts 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, compared to forecast 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