Old Republic International Profit Drops 58% In Q3

(RTTNews) - Old Republic International (ORI) announced earnings for third quarter that lost ground compared to the same period last year.

The company said its earnings came in at $46.1 million, or $0.17 per share. This was lower than $110.9 million, or $0.39 per share, in last year's third quarter.

The company said revenue for the quarter rose 4.7% to $1.56 billion. This was up from $1.49 billion last year.

Old Republic International earnings at a glance:

-Earnings (Q3): $46.1 Mln. vs. $110.9 Mln. last year. -Earnings Decline (Y-o-Y): -58.4% -EPS (Q3): $0.17 vs. $0.39 last year. -EPS Decline (Y-o-Y): -56.4% -Revenue (Q3): $1.56 Bln vs. $1.49 Bln last year. -Revenue Change (Y-o-Y): 4.7%