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 ...

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 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 ...

Chris Lau is an individual investor and economist with 30 years of experience covering life science, technology, and dividend-growth income stocks. He has degrees in Microbiology and Economics. Chris runs the investing group DIY Value Investing where he shares his top stock picks of undervalued stocks with catalysts for upside, dividend-income recommendations with quant and payment calendar tracking, high upside plays, and research requests to help you become a better do-it-yourself investor. Learn more. To ...

ERIE, Pa., Oct. 2, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the third quarter on Friday, Nov 1st, at 10 a.m. Eastern Time. Erie Indemnity will issue a press release reporting its results after the close of the market on Thursday, Oct 31st. The pre-recorded audio will be available on the company's Investor Relations website at www.erieinsurance.com/about/investors.aspx. To access the pre-reco ...

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Investors are bracing for a volatile market this week as key economic data are set to be released, including job openings, jobless claims and the crucial nonfarm payrolls report. These labor market figures will likely influence the Federal Reserve's decision on its upcoming rate cut, which could vary from a standard adjustment to a more substantial reduction, impacting broader market dynamics. Given this uncertainty, constructing a portfolio of low-beta stocks may be prudent. In this regard, stocks like Eri ...

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