RLI Q2 Profit Rises - Quick Facts

(RTTNews) - RLI Corp. (RLI) reported second quarter net income of $35.7 million or $0.82 per share, compared to $29.9 million or $0.69 per share for the year-ago quarter.

Operating earnings for the latest second quarter were $28.9 million or $0.66 per share, compared to $27.5 million or $0.63 per share in the prior year quarter.

Revenue for the second quarter rose 12.8% to $193.02 million from $171.14 million a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.61 per share on revenue of $208.48 million for the second quarter. Analysts' estimates typically exclude special items.