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

Erie Indemnity

29/10/2021 11:45

* Erie Indemnity Co  ERIE.OQ  reported quarterly adjusted
earnings of $1.72​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of $1.62 per share.
* Revenue rose 5.3% to $687.84 million from a year ago; 
analysts expected $683.97 million. 
* Erie Indemnity Co's reported EPS for the quarter was $1.72​.
* The mean earnings estimate of analysts had fallen by
about 6.6% 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 risen by 12.2% this quarter and
lost 18.5% so far this year.
* The company reported quarterly net income of $90.22 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 October 29 at 10:45 a.m.
 ​All figures in US dollars unless otherwise stated