On Thursday 24th October 2024, Old Republic International Corporation (NYSE: ORI) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur before market open.
According to the predictions of financial experts on Wall Street, the enterprise is set to unveil an estimated $0.73 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $2.07 billion for the specific period.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $8 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $2.89 during the fiscal year.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $0.72 per share. This number was attributed to the company's total revenue, which settled at an impressive $1.95 billion during the same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.76 | +22.6% | 2.01 B | +10.0% |
| Q1 2024 | $0.67 | +9.8% | 1.85 B | +6.8% |
| Q4 2023 | $0.69 | -13.8% | 1.94 B | -2.8% |
| Q3 2023 | $0.72 | +5.9% | 1.95 B | -7.2% |
| Q2 2023 | $0.62 | -10.1% | 1.83 B | -14.1% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 24th October 2024 at 03:00 PM eastern time, in a conference call with public.
Old Republic International Corporation (ORI) shares traded as low as $35.37 and as high as $35.94 on a day volume of 882.20 thousand shares, closed Tuesday's regular trading session at $35.77, drop of 0.53 percent.
