Old Republic International Corp. (ORI) Set to Announce Earnings on Thursday
Old Republic International Corp. (NYSE:ORI) is scheduled to release its Q114 earnings data on Thursday, April 24th. Analysts expect Old Republic International Corp. to post earnings of $0.26 per share and revenue of $1.26 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Old Republic International Corp. (NYSE:ORI) last issued its quarterly earnings data on Thursday, January 23rd. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.20 by $0.05. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter last year, the company posted ($0.09) earnings per share. Old Republic International Corp.’s revenue was up 4.0% compared to the same quarter last year. On average, analysts expect Old Republic International Corp. to post $1.12 EPS for the current fiscal year and $1.18 EPS for the next fiscal year.
Old Republic International Corp. (NYSE:ORI) opened at 16.83 on Wednesday. Old Republic International Corp. has a 1-year low of $12.02 and a 1-year high of $17.45. The stock has a 50-day moving average of $16.05 and a 200-day moving average of $16.. The company has a market cap of $4.341 billion and a P/E ratio of 10.48.
A number of research firms have recently commented on ORI. Analysts at Zacks downgraded shares of Old Republic International Corp. from an “outperform” rating to a “neutral” rating in a research note on Wednesday, March 26th. They now have a $18.60 price target on the stock. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Old Republic International Corp. has an average rating of “Hold” and an average price target of $27.15.
Old Republic International Corporation (NYSE:ORI) is a holding company engaged in the single business of insurance underwriting.
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