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Why is Old Republic International Corp (ORI) Stock down?
We've noticed a 7.77% decline in Old Republic International Corp (ORI) stock during the 2025-04-04 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
25 Jan, 2024:
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.
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