Erie Indemnity Co expected to post earnings of $1.62 a share - Earnings Preview

Erie Indemnity

27/10/2021 11:12

* Erie Indemnity Co  ERIE.OQ   ERIE.O  is expected to show a
rise in quarterly revenue when it reports results on October
28. 
* The Erie, Pennsylvania-based company is expected to report  a
4.7% increase in revenue to $683.966 million from $653.48
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Erie Indemnity Co is
for earnings of $1.62 per share. For the same quarter last year,
the company reported earnings of $1.71 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  1.48        1.48       1.51      Beat    2
 Mar. 31 2021  1.46        1.46       1.41      Missed  -3.4
 Dec. 31 2020  1.22        1.21       1.20      Missed  -0.8​
 Sep. 30 2020  1.49        1.50       1.71      Beat    14
 Jun.          1.40​       1.41       1.57      Beat    11.3​
 30​ 2020​                                              
 Mar. 31 2020  1.51        1.52       1.13      Missed  -25.4​
 Dec. 31 2019  1.27        1.29       1.14      Missed  -11.6
 Sep. 30 2019  1.63        1.66       1.80      Beat    8.8
 This summary was machine generated October 27 at 10:12 GMT.  All
figures in US dollars unless otherwise stated