RLI Corp.: 3Q Earnings Snapshot
PEORIA, Ill. (AP) _ RLI Corp. (RLI) on Wednesday reported third-quarter earnings of $39.4 million.
The Peoria, Illinois-based company said it had net income of 88 cents per share. Earnings, adjusted for non-recurring gains, were 46 cents per share.
The specialty insurance company posted revenue of $240.6 million in the period. Its adjusted revenue was $217.1 million.
RLI Corp. shares have increased 22 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $74.11, a climb of 29 percent in the last 12 months.