Erie Indemnity (ERIE) Misses Q2 Earnings and Revenue Estimates

Erie Indemnity (ERIE) came out with quarterly earnings of $3.34 per share, missing the Zacks Consensus Estimate of $3.55 per share. This compares to earnings of $3.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.92%. A quarter ago, it was expected that this insurance company would post earnings of $3.19 per share when it actually produced earnings of $2.65, delivering a surprise of -16.93%.Over the last four quarters, th ...