The earnings call reflects a positive sentiment with strong growth and profitability in Specialty Insurance, increased investment income, and a significant increase in book value per share. However, challenges in the Title Insurance segment and real estate market conditions were noted, with a decline in profitability in Title Insurance and increased expense ratios. Despite these lowlights, the overall performance and strategic initiatives indicate a robust outlook.

Company Guidance -

Q3 2025

During the second quarter of 2025, Old Republic International reported a consolidated pretax operating income of $267.5 million, up from $253.8 million in the second quarter of 2024. The company's consolidated combined ratio was 93.6, slightly higher than the previous year's 93.5. Specialty Insurance saw a 14.6% increase in net premiums earned, resulting in $253.7 million of pretax operating income and a combined ratio of 90.7, improved from 92.4 last year. Title Insurance grew premiums and fees by 5.2% but experienced a decrease in pretax operating income to $24.2 million from $46 million, with a combined ratio of 99 compared to last year's 95.4. The company highlighted ongoing investments in technology and new specialty underwriting subsidiaries, while maintaining a strong balance sheet. Net operating income for the quarter was $209 million, an increase from $202 million the previous year, with net investment income rising 2.4% due to higher bond yields. Book value per share increased by 12.6% to $25.14, and $71 million was paid in regular cash dividends.

Increased Pretax Operating Income

The company produced $267.5 million of consolidated pretax operating income, up from $253.8 million in the second quarter of 2024.

Growth in Specialty Insurance

Specialty Insurance net premiums earned grew by 14.6% in the second quarter, and pretax operating income increased from $202.5 million to $253.7 million.

Strong Investment Returns

Net investment income increased by 2.4% due to higher yields on the bond portfolio, with the total bond portfolio book yield at 4.7% compared to 4.5% at the end of last year.

Book Value Per Share Growth

The book value per share increased by over 12.6%, primarily driven by strong operating earnings and higher investment valuations.

High Retention Rates

The company experienced renewal retentions north of 85% across all lines of business and subsidiaries.

Expansion of E&S Presence

Excess and Surplus (E&S) direct written premiums were up 12% for the year.

Old Republic International (ORI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ORI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.76 / -	0.71	―	―	―
Jul 24, 2025	2025 (Q2)	0.81 / 0.83	0.76	9.21% (+0.07)
Apr 24, 2025	2025 (Q1)	0.74 / 0.81	0.67	20.90% (+0.14)
Jan 23, 2025	2024 (Q4)	0.70 / 0.90	0.69	30.43% (+0.21)
Oct 24, 2024	2024 (Q3)	0.73 / 0.71	0.72	-1.39% (-0.01)
Jul 25, 2024	2024 (Q2)	0.64 / 0.76	0.62	22.58% (+0.14)
Apr 25, 2024	2024 (Q1)	0.65 / 0.67	0.61	9.84% (+0.06)
Jan 25, 2024	2023 (Q4)	0.71 / 0.69	0.8	-13.75% (-0.11)
Oct 26, 2023	2023 (Q3)	0.62 / 0.72	0.68	5.88% (+0.04)
Jul 27, 2023	2023 (Q2)	0.54 / 0.62	0.69	-10.14% (-0.07)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ORI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$36.62	$35.74	-2.40%
Apr 24, 2025	$37.68	$38.12	+1.17%
Jan 23, 2025	$35.19	$35.74	+1.56%
Oct 24, 2024	$33.05	$32.26	-2.39%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Old Republic International Corp. (ORI) report earnings?

Old Republic International Corp. (ORI) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is Old Republic International Corp. (ORI) earnings time?

Old Republic International Corp. (ORI) earnings time is at Oct 23, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ORI EPS forecast?

ORI EPS forecast for the fiscal quarter 2025 (Q3) is 0.76.

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