Erie Indemnity(ERIE)
Search documents
Erie Indemnity to host fourth quarter and year-end 2024 pre-recorded conference call and webcast
Prnewswire· 2025-02-03 20:00
ERIE, Pa., Feb. 3, 2025 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the fourth quarter and year-end on Friday, Feb 28th, at 10 a.m. Eastern Time. Erie Indemnity will issue a press release reporting its results after the close of the market on Thursday, Feb 27th. The pre-recorded audio will be available on the company's Investor Relations website at www.erieinsurance.com/about/investors.aspx. To acce ...
Erie Indemnity Hikes Dividend by 7.1% to Share More Profits
ZACKS· 2024-12-13 18:31
Erie Indemnity Company’s (ERIE) board of directors approved a 7.1% hike in its dividend. Shareholders of record as of Jan. 7, 2025, will receive the meatier dividend on Jan. 22, 2025.With the approval, the new payout stands at $1.365 per Class A share compared with the earlier payout of $1.275 per share and $204.75 per Class B share compared with the earlier payout of $191.25 per share. Erie Indemnity has been paying dividends since 1933. Based on the stock’s Dec. 12, 2024, closing price of $301.40, the new ...
Erie Indemnity Approves Management Fee Rate and Dividend Increase, Declares Regular Dividends
Prnewswire· 2024-12-12 21:05
ERIE, Pa., Dec. 12, 2024 /PRNewswire/ -- At its regular meeting held Dec. 10, 2024, the Board of Directors of Erie Indemnity Company (NASDAQ: ERIE) set the management fee rate charged to Erie Insurance Exchange, approved an increase in shareholder dividends and declared the regular quarterly dividend. Erie Indemnity Company has paid regular shareholder dividends since 1933.The Board agreed to maintain the current management fee rate paid to Erie Indemnity Company by Erie Insurance Exchange at 25 percent, ef ...
Erie Indemnity Q3 Earnings Top on Higher Management Fee Revenues
ZACKS· 2024-11-04 17:00
Erie Indemnity Company's (ERIE) third-quarter 2024 adjusted earnings of $3.06 per share beat the Zacks Consensus Estimate by 2.3%. The bottom line increased 21.9% year over year.The quarterly results reflected higher management fees and increased net investment income, offset by higher expenses.ERIE’s Q3 DetailsTotal revenues of $1 billion beat the Zacks Consensus Estimate by 1.5%. The top line improved 16.4% year over year. Management fee revenue - policy issuance and renewal services increased 18.5% year ...
Erie Indemnity(ERIE) - 2024 Q3 - Earnings Call Transcript
2024-11-01 16:13
Erie Indemnity Company (NASDAQ:ERIE) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Scott Beilharz - VP, IR Tim NeCastro - President and CEO Julie Pelkowski - EVP and CFO Operator Good morning, and welcome to the Erie Indemnity Company Third Quarter 2024 Earnings Conference Call. This call was prerecorded, and there will be no question-and-answer session following the recording. Now I'd like to introduce your host for the call, Vice President of Investor Relations, Scott ...
Erie Indemnity (ERIE) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-10-31 22:31
Erie Indemnity (ERIE) came out with quarterly earnings of $3.06 per share, beating the Zacks Consensus Estimate of $2.99 per share. This compares to earnings of $2.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.34%. A quarter ago, it was expected that this insurance company would post earnings of $2.55 per share when it actually produced earnings of $3.13, delivering a surprise of 22.75%.Over the last four quarters, the ...
Erie Indemnity(ERIE) - 2024 Q3 - Quarterly Report
2024-10-31 20:25
Table of Contents Pennsylvania 25-0466020 (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from___to___ Commission file nu ...
Erie Indemnity(ERIE) - 2024 Q3 - Quarterly Results
2024-10-31 20:20
Erie Indemnity Company Statements of Operations (dollars in thousands, except per share data) Three months ended September 30, Nine months ended September 30, 2024 2023 2024 2023 (Unaudited) (Unaudited) Operating revenue Management fee revenue - policy issuance and renewal services $ 769,162 $ 649,049 $ 2,195,734 $ 1,840,478 Management fee revenue - administrative services 17,154 16,151 51,139 46,976 Administrative services reimbursement revenue 206,754 187,118 604,349 544,411 Service agreement revenue 6,81 ...
Erie Indemnity Reports Third Quarter 2024 Results
Prnewswire· 2024-10-31 20:15
Net Income per Diluted Share was $3.06 for the Quarter and $8.57 for the Nine Months of 2024ERIE, Pa., Oct. 31, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter and nine months ending September 30, 2024. Net income was $159.8 million, or $3.06 per diluted share, in the third quarter of 2024, compared to $131.0 million, or $2.51 per diluted share, in the third quarter of 2023. Net income was $448.3 million, or $8.57 per diluted share, in the first ...
Erie Indemnity Set to Report Q3 Earnings: What to Expect
ZACKS· 2024-10-29 19:01
Erie Indemnity Company (ERIE) is slated to report third-quarter 2024 earnings on Oct. 31, after market close. EG's earnings beat estimates in three of the trailing four quarters while missing in one.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Factors to ConsiderBoth the personal and commercial lines are likely to have witnessed new policy growth, with improved pricing and solid customer retention driving growth. This, in turn, is likely to have fueled management fee revenue grow ...