Erie Indemnity Co. - Class A logo

ERIE

Erie Indemnity Co. - Class A

$220.27

Earnings Summary

Revenue
$726.14Mn
Net Profits
$8.27Mn
Net Profit Margins
1.14%
PE Ratio
39.09

Highlights

Revenue:

Erie Indemnity Co. - Class A’s revenue jumped 5.19% since last year same period to $726.14Mn in the Q2 2022. On a quarterly growth basis, Erie Indemnity Co. - Class A has generated 7.56% jump in its revenue since last 3-months.

Net Profits:

Erie Indemnity Co. - Class A’s net profit fell -89.54% since last year same period to $8.27Mn in the Q2 2022. On a quarterly growth basis, Erie Indemnity Co. - Class A has generated -87.95% fall in its net profits since last 3-months.

Net Profit Margins:

Erie Indemnity Co. - Class A’s net profit margin fell -90.05% since last year same period to 1.14% in the Q2 2022. On a quarterly growth basis, Erie Indemnity Co. - Class A has generated -88.8% fall in its net profit margins since last 3-months.

PE Ratio:

Erie Indemnity Co. - Class A’s price-to-earnings ratio after this Q2 2022 earnings stands at 39.09.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Erie Indemnity Co. - Class A post its latest quarter earnings

EPS Estimate Current Quarter
1.65
EPS Estimate Current Year
1.65

Highlights

EPS Estimate Current Quarter:

Erie Indemnity Co. - Class A’s earning per share (EPS) estimates for the current quarter stand at 1.65 - a 5.77% jump from last quarter’s estimates.

EPS Estimate Current Year:

Erie Indemnity Co. - Class A’s earning per share (EPS) estimates for the current year stand at 1.65.

Key Ratios

Key ratios of the Erie Indemnity Co. - Class A post its Q2 2022 earnings

Earning Per Share (EPS)
1.53
Return on Assets (ROA)
0.1
Return on Equity (ROE)
0.23
Dividend Per Share (DPS)
4.37

Highlights

Earning Per Share (EPS):

Erie Indemnity Co. - Class A’s earning per share (EPS) jumped 1.32% since last year same period to 1.53 in the Q2 2022. This indicates that the Erie Indemnity Co. - Class A has generated 1.32% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Erie Indemnity Co. - Class A’s return on assets (ROA) stands at 0.1.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Erie Indemnity Co. - Class A’s return on equity (ROE) stands at 0.23.

Dividend Per Share (DPS):

Erie Indemnity Co. - Class A declared 4.37 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-07-28
1.56
1.53
-1.92%
2022-04-28
1.43
1.31
-8.39%

Company Information

Erie Indemnity Company is the management company for the Erie Insurance Exchange. The Company is also involved in the property and casualty insurance business through its wholly-owned subsidiaries and through its management of Flagship City Insurance Company.

Organisation
Erie Indemnity Co. - Class A
Headquarters
Erie, Pennsylvania, US
Employees
5.86K
Industry
Finance
CEO
Timothy NeCastro