Q2 FY2026 EarningsQ2 FY2026 results missed normalized consensus across top and bottom lines: operating revenue of $2,331.3M vs. $2,375.2M expected, and normalized EPS of $0.76 vs. $0.79 expected. Total net income was boosted significantly by $172.4M in investment gains, contrasting with a loss in the prior year. The consolidated combined ratio deteriorated to 95.3% from 93.6% YoY, driven primarily by reserve strengthening in runoff financial indemnity business and startup costs in Specialty Insurance.
Preview: Old Republic(ORI) predict that the Revenue is 2.504 B (+13.37%), Beat estimate;the EBIT is 237.7 M (-8.65%), Beat estimate;the EPS is 1.31 (+61.73%), Beat estimate.