{
  "id": 16099531,
  "title": "Earnings call transcript: Old Republic misses Q3 2026 EPS forecast",
  "url": "https://urgent.news/2026/10/22/earnings-call-transcript-old-republic-misses-q3-2026-eps-forecast",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T19:54:46.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-old-republic-misses-q3-2026-eps-forecast-93CH-4967264"
  },
  "original_language": "en",
  "account": "Old Republic International reported third-quarter 2026 earnings of $0.73 per share, falling short of Wall Street's expectation of $0.80. Despite revenue growing to $2.5 billion, slightly above estimates, pre-tax operating income declined 8.5% year-over-year. The company's combined ratio worsened to 96.1% from 95.3%, indicating increased underwriting pressure. Revenue and specialty insurance grew, but overall profitability softened. The stock remained stable in pre-market trading before slipping 0.56% to $39.91. Old Republic missed earnings expectations by $0.07 a share, or 8.75%. Revenue was up 0.8% year-over-year, and book value per share increased by 5.7% to $24.65. Management expects to stay within its long-term target range of 90%-95% combined ratio, but underwriting performance remains weaker across the portfolio.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}