Old Republic Q1 EPS Misses by $0.11, Revenue Up 6.7% to $2.2B
Old Republic International reported Q1 EPS of $0.68, missing the $0.79 estimate and down from $0.81 a year ago. Revenue rose 6.7% to $2.2 billion while net income reached $330 million, but net operating income fell to $170.5 million from $201.7 million.
1. Q1 Earnings Performance
Old Republic International reported first-quarter EPS of $0.68, missing analyst estimates of $0.79 and down from $0.81 in Q1 2025.
2. Revenue Growth
Revenue increased 6.7% year-over-year to $2.2 billion, slightly below the projected $2.27 billion but reflecting solid sales growth across underwriting segments.
3. Profitability Breakdown
Net income reached $330 million while net operating income, excluding investment gains, declined to $170.5 million from $201.7 million, highlighting pressure on core underwriting profitability.
4. Valuation Metrics
The company’s P/E ratio stands at 9.95, P/S at 1.09, and earnings yield at 10.05%, suggesting relatively attractive valuation levels compared to industry peers.