Erie Indemnity: Q4 Earnings Insights

Erie Indemnity ERIE reported its Q4 earnings results on Monday, February 26, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Erie Indemnity beat estimated earnings by 5.0%, reporting an EPS of $2.12 versus an estimate of $2.02.

Revenue was up $117.03 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.45 which was followed by a 6.0% drop in the share price the next day.

Here's a look at Erie Indemnity's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 2.06 1.90 1.48 1.31
EPS Actual 2.51 2.25 1.65 1.25
Revenue Estimate 830.02M 803.82M 705.00M 675.64M
Revenue Actual 858.94M 839.87M 752.47M 700.63M

To track all earnings releases for Erie Indemnity visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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