RLI Corp.: Q3 Earnings Snapshot

PEORIA, Ill. (AP) — PEORIA, Ill. (AP) — RLI Corp. (RLI) on Monday reported third-quarter earnings of $81 million.

The Peoria, Illinois-based company said it had profit of 88 cents per share. Earnings, adjusted for non-recurring gains, came to 86 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.

The specialty insurance company posted revenue of $477 million in the period. Its adjusted revenue was $471.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RLI at https://www.zacks.com/ap/RLI