Erie Indemnity

Erie Indemnity Co. engages in the insurance business and operates as an attorney-in-fact. It manages affairs at the Erie Insurance Exchange for the benefit of the policyholders. It covers policies in auto and leisure, home and property, life, and business insurance. The company was founded by Henry Orth Hirt and Ollie Grover Crawford on April 4, 1925, and is headquartered in Erie, PA.

Earnings data Q1 2024

Erie grapples with challenges but excels in digital innovation

Erie faced challenges from the pandemic, inflation, supply chain issues, and severe weather events, resulting in a high combined ratio. However, the company's focus on digital capabilities and industry accolades for customer satisfaction are notable strengths. Addressing talent shortages and seizing opportunities in modernization and digital investments will be crucial for future success.

ERIE faces industry challenges but achieves growth and recognition

Despite industry challenges, ERIE showed resilience with policy growth and retention. The company's modernization efforts and recognition as a top insurance company position it well for future growth and success.

ERIE reports Q3 2023 performance impacted by inflation and weather

ERIE's Q3 2023 performance was impacted by inflation and weather-related events, leading to a decline in surplus. However, the company achieved a 20-year high in direct written premium growth and received accolades for its insurance services and workplace diversity initiatives. Despite challenges, opportunities for growth and enhanced customer engagement were observed.

ERIE achieves record earnings amidst weather challenges, focuses on tech

ERIE's Q4 2023 performance showcased strong premium growth and record net income, despite challenges from weather-related claims. The company's focus on technology investments, customer satisfaction, and strategic ventures positions it well for future growth and innovation.

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ERIE, Pa. , April 12, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the first quarter on Friday, April 26 th, at 10 a.m. Eastern Time.

Erie Indemnity to host first quarter 2024 pre-recorded conference call and webcast

Erie Indemnity (ERIE) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Erie Indemnity (ERIE) is an Incredible Growth Stock: 3 Reasons Why

Erie Indemnity (ERIE) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Recent Price Trend in Erie Indemnity (ERIE) is Your Friend, Here's Why

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3 Reasons Growth Investors Will Love Erie Indemnity (ERIE)

Erie Indemnity (ERIE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Erie Indemnity (ERIE) Rating Upgrade to Buy

Erie Indemnity (ERIE) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Erie Indemnity (ERIE) Is a Great Choice for 'Trend' Investors, Here's Why

Erie Indemnity Company (ERIE) Q4 2023 Earnings Call Transcript

Net Income per Diluted Share was $2.12 for the Quarter and $8.53 for the Year ERIE, Pa. , Feb. 26, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the full year and quarter ending December 31, 2023.

Erie Indemnity Reports Full Year and Fourth Quarter 2023 Results

ERIE, Pa. , Feb. 8, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the fourth quarter and year-end on Tuesday, February 27 th, at 10 a.m. Eastern Time.

Erie Indemnity to host fourth quarter and year-end 2023 pre-recorded conference call and webcast

If you are looking for stocks that are well positioned to maintain their recent uptrend, Erie Indemnity (ERIE) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Here's Why Momentum in Erie Indemnity (ERIE) Should Keep going

Erie Indemnity's (ERIE) recent dividend hike reflects its solid capital position and balance sheet strength that continue to support effective capital deployment.

Erie Indemnity (ERIE) Ups Dividend by 7.1% to Share More Profits

ERIE, Pa. , Dec. 6, 2023 /PRNewswire/ -- At its regular meeting held Dec. 5, 2023, the Board of Directors of Erie Indemnity Company (NASDAQ: ERIE) set the management fee rate charged to Erie Insurance Exchange, approved an increase in shareholder dividends and declared the regular quarterly dividend. Erie Indemnity Company has paid regular shareholder dividends since 1933.

Erie Indemnity Approves Management Fee Rate and Dividend Increase, Declares Regular Dividends

Erie Indemnity (ERIE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Erie Indemnity (ERIE) Run Higher on Rising Earnings Estimates?

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Increased demand for insurance products, given an aging population, baby boomers and millennials, and the adoption of technology should drive insurance brokers like MMC, AON, AJG, BRO, and ERIE.

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Erie Indemnity (ERIE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Erie Indemnity (ERIE) Upgraded to Strong Buy: What Does It Mean for the Stock?

Erie Indemnity Co (NASDAQ:ERIE ) Q3 2023 Earnings Conference Call October 27, 2023 10:00 AM ET Company Participants Timothy NeCastro - President & CEO Julie Pelkowski - EVP & CFO Scott Beilharz - VP, Capital Management & IR Conference Call Participants Operator Good morning, and welcome to the Erie Indemnity Company's Third Quarter 2023 Earnings Conference Call. This call was prerecorded, and there will be no question-and-answer session row I'd like to introduce your host for the call, Vice President of Investor Relations, Scott Beilharz.

Erie Indemnity Co (ERIE) Q3 2023 Earnings Call Transcript

Erie Indemnity (ERIE) came out with quarterly earnings of $2.51 per share, beating the Zacks Consensus Estimate of $2.06 per share. This compares to earnings of $1.61 per share a year ago.

Erie Indemnity (ERIE) Tops Q3 Earnings and Revenue Estimates

Net Income per Diluted Share was $2.51 for the Quarter and $6.41 for the Nine Months of 2023 ERIE, Pa. , Oct. 26, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter and nine months ending September 30, 2023.

Erie Indemnity Reports Third Quarter 2023 Results

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Erie Indemnity Company reported strong growth in its bottom line, driven by higher investment income. Pennsylvania's high home and car insurance costs present a significant growth opportunity for ERIE. The company's valuation is currently too high to justify a buy case, and the risk of weather-related losses adds to the downside risk.

Erie Indemnity Company - Strong Retention Rates Aren't Enough To Make A Buy

ERIE, Pa. , Oct. 6, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the third quarter Friday, October 27 th, at 10 a.m. Eastern Time.

Erie Indemnity to host third quarter 2023 pre-recorded conference call and webcast

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