Erie Indemnity (NASDAQ:ERIE) reported its Q4 earnings results on Monday, February 26, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Erie Indemnity beat estimated earnings by 5.0%, reporting an EPS of $2.12 versus an estimate of $2.02.
Revenue was up $117.03 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.45 which was followed by a 6.0% drop in the share price the next day.
Here's a look at Erie Indemnity's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 2.06 | 1.90 | 1.48 | 1.31 |
| EPS Actual | 2.51 | 2.25 | 1.65 | 1.25 |
| Revenue Estimate | 830.02M | 803.82M | 705.00M | 675.64M |
| Revenue Actual | 858.94M | 839.87M | 752.47M | 700.63M |
To track all earnings releases for Erie Indemnity visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.