Old Republic International Corp (ORI)

Old Republic International Corp. (ORI) stock declined by 9.35% due to the company's quarterly earnings falling short of expectations. The earnings report showed Old Republic International missing the Zacks Consensus Estimate.

• Earnings Figures and Surprise: Old Republic International reported quarterly earnings of $0.69 per share, which was below the Zacks Consensus Estimate of $0.72 per share. This marked a decline from earnings of $0.80 per share in the same period the previous year. These figures were adjusted for non-recurring items, resulting in an earnings surprise of -4.17%. In the previous quarter, the company had exceeded expectations, posting earnings of $0.72 per share compared to an estimated $0.63 per share, delivering a surprise of 14.29%.
• Revenue Figures: The company reported quarterly revenues of $1.94 billion, falling short of the Zacks Consensus Estimate by 0.23%. This was a decrease from year-ago revenues of $2 billion. Old Republic International has only surpassed consensus revenue estimates once over the last four quarters.