Old Republic International Full Year 2024 Earnings: EPS Misses Expectations

Old Republic International (NYSE:ORI) Full Year 2024 Results

Key Financial Results

• Revenue: US$8.23b (up 13% from FY 2023).
• Net income: US$852.7m (up 42% from FY 2023).
• Profit margin: 10% (up from 8.2% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$3.30 (up from US$2.12 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Old Republic International EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.0%.

Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Insurance industry in the US.

Performance of the American Insurance industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Old Republic International (1 can't be ignored!) that you should be aware of.

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