Erie Indemnity (ERIE) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this insurance company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimat ...

Erie Indemnity Company (NASDAQ:ERIE) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Scott Beilharz - Vice President, Investor Relations Tim NeCastro - President and Chief Executive Officer Julie Pelkowski - Executive Vice President and Chief Financial Officer Conference Call Participants Operator Good morning and welcome to the Erie Indemnity Company Second Quarter 2024 Earnings Conference Call. This call is pre-recorded and there will be no question-and-answer session follo ...

Erie Indemnity (ERIE) came out with quarterly earnings of $3.13 per share, beating the Zacks Consensus Estimate of $2.55 per share. This compares to earnings of $2.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 22.75%. A quarter ago, it was expected that this insurance company would post earnings of $2.33 per share when it actually produced earnings of $2.38, delivering a surprise of 2.15%. Over the last four quarters, th ...

Note 8. Postretirement Benefits Our defined benefit pension plan funding policy is generally to contribute an amount equal to the greater of the target normal cost for the plan year, or the amount necessary to fund the plan to 100%. Accordingly, we made a $33 million contribution in January 2024. The funded pension plan net benefit asset is presented separately from the unfunded plan as a non-current asset on our Statements of Financial Position. (2) Pension plan income represents total plan income before r ...

| --- | --- | --- | --- | --- | --- | --- | --- | |-------|-----------------------|-------|---------------------|-------|---------------------|-------------|-------------------| | | Three months \n2024 | ended | June 30, \n2023 | | Six months \n2024 | ended | June 30, \n2023 | | | (Unaudited) | | | | | (Unaudited) | | | $ | 760,886 | $ | 633,339 | $ | 1,426,572 | $ | 1,191,429 | | | 17,051 | | 15,636 | | 33,985 | | 30,825 | | | 206,028 | | 184,466 | | 397,595 | | 357,293 | | | 6,473 | | 6,429 | | 12,987 | | ...

Net Income per Diluted Share was $3.13 for the Quarter and $5.52 for the Six Months of 2024 2Q and First Half 2024 (in thousands) 2Q'24 2Q'23 1H'24 1H'23 Operating income $ 190,208$ 134,158$ 329,020$ 244,701 Investment income 13,827 11,627 28,906 6,895 Other income 3,292 3,305 6,703 6,642 Income before income taxes 207,327 149,090 364,629 258,238 Income tax expense 43,424 31,238 76,174 54,145 Net income $ 163,903$ 117,852 $ 288,455$ 204,093 ERIE, Pa., July 25, 2024 /PRNewswire/ -- Erie Indemnity Company (NA ...

ERIE, Pa., July 15, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the second quarter on Friday, July 26th, at 10 a.m. Eastern Time. Erie Indemnity will issue a press release reporting its results after the close of the market on Thursday, July 25th. 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 ...

Erie Indemnity Company (NASDAQ:ERIE) Q1 2024 Earnings Conference Call April 26, 2024 10:00 AM ET Company Participants Scott Beilharz - VP, IR Tim NeCastro - President & CEO Julie Pelkowski - EVP & CFO Conference Call Participants Operator Good morning, and welcome to the Erie Indemnity Company First Quarter 2024 Earnings Conference Call. This call was pre-recorded, 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 In ...

Erie Indemnity (ERIE) came out with quarterly earnings of $2.38 per share, beating the Zacks Consensus Estimate of $2.33 per share. This compares to earnings of $1.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.15%. A quarter ago, it was expected that this insurance company would post earnings of $2.13 per share when it actually produced earnings of $2.12, delivering a surprise of -0.47%.Over the last four quarters, the ...

Table of Contents 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 March 31, 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 number 0-24000 ERIE INDEMNITY COMPANY (Exact name of registrant as specified in its charter) Pennsylvania 25-0466020 (State or ...