RTTNews | Apr 21, 2021 05:47PM EDT

17:46 Wednesday, April 21, 2021 (RTTNews.com) - RLI Corp. (RLI) Wednesday reported first-quarter net earnings of $73.0 million or $1.60 per share, compared to a net loss of $61.3 million or $1.36 per share last year.

Operating earnings for the first quarter were $39.6 million or $0.87 per share, up from $29.8 million or $0.66 per share last year.

Analysts polled by Thomson Reuters expected earnings of $0.65 per share. Analysts' estimates typically exclude special items.

The company's revenue for the quarter surged 143.3% to $287.3 million from $118.1 million last year.

Read the original article on RTTNews ( https://www.rttnews.com/3186966/rli-posts-q1-profit.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved