Old Republic International Corporation reports results for the quarter ended September 30 - Earnings Summary

• Old Republic International Corporation ORI.N reported quarterly adjusted earnings of 73 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 78 cents. The mean expectation of four analysts for the quarter was for earnings of 79 cents per share. Wall Street expected results to range from 75 cents to 83 cents per share.

• Revenue rose 8% to $2.51 billion from a year ago; analysts expected $2.49 billion.

• Old Republic International Corporation's reported EPS for the quarter was 99 cents​.

• The company reported quarterly net income of $243.2 million.

• Old Republic International Corporation shares had risen by 7.6% this quarter and lost 7.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is "hold."

• Wall Street's median 12-month price target for Old Republic International Corporation is $39.00, about 2.9% below its last closing price of $40.13

This summary was machine generated from LSEG data October 22 at 02:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)