Erie Indemnity Co reports results for the quarter ended in June - Earnings Summary

Erie Indemnity

30/07/2021 05:54

* Erie Indemnity Co  ERIE.OQ  reported quarterly adjusted
earnings of $1.51​​ per share for the quarter ended in June. The
mean expectation of two analysts for the quarter was
for earnings of $1.48 per share.
* Revenue rose 3.5% to $680.03 million from a year ago; 
analysts expected $667.24 million. 
* Erie Indemnity Co's reported EPS for the quarter was $1.51​.
* The mean earnings estimate of analysts had fallen by about 2%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Erie Indemnity Co shares had fallen by 4.1% this quarter and
lost 24.5% so far this year.
* The company reported quarterly net income of $79.03 million.
* 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." 
This summary was machine generated July 30 at 04:54 a.m.  ​All
figures in US dollars unless otherwise stated