Erie Indemnity hits 10-month low after Q1 profit miss

Erie Indemnity

25/04/2025 15:25

** Property and casualty insurer Erie Indemnity's ERIE.O shares slide as much as 14.4% in early trading, hitting their lowest since June 2024

** Stock last down 13.1% at $355.13

** ERIE late Thursday reported Q1 profit below Wall Street expectations, its first miss in more than two years, per LSEG data

** 1 of 2 brokerages rate the stock "strong buy" and 1 "hold" - data compiled by LSEG

** As of last close, ERIE down ~1% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))