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 2021

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Erie Indemnity reports resilient Q4 performance amidst economic challenges

Erie Indemnity navigated economic challenges in Q4 2022 with resilience, reporting strong premium growth and increased net income despite headwinds.
The company's strategic focus on modernization, executive changes, and investment in digital capabilities signal a commitment to long-term growth and customer-centric innovation.
While facing challenges from inflation and supply chain disruptions, Erie Indemnity remains agile in adapting to new work models and seizing opportunities for operational enhancement.

Erie Indemnity reports solid Q1 earnings amidst challenges and changes

Erie Indemnity's Q1 2023 performance showed growth in net income and operating income, despite challenges from external factors.
The company's commitment to customer satisfaction and employee well-being remains a key strength.
While facing challenges from various external factors, Erie is actively investing in digital transformation for future growth.
The retirement of the CFO and introduction of a new CFO signal a strategic shift in financial leadership at Erie.

Erie Indemnity reports strong Q2 earnings amidst industry challenges

Erie Indemnity's Q2 2023 performance showed resilience in the face of industry challenges, with a focus on addressing the elevated combined ratio. The company's growth in policies in force and strong financial position indicate a strategic approach to navigating market conditions.

Erie Indemnity reports resilient Q3 performance amidst operational challenges

Erie Indemnity navigated challenges in Q3 2023 while maintaining a strong financial position.
The company saw growth in net income and operating income, despite facing weather-related impacts.
Erie's focus on modernization and workplace recognition positions it well for future opportunities.

Erie Indemnity reports record earnings, invests in tech for growth

Erie Indemnity's strong financial performance, strategic responses to challenges, and investments in technology position the company for long-term success.
While facing industry pressures, Erie's focus on profitability, customer service enhancements, and modernization initiatives showcase resilience and adaptability.
Opportunities in digital innovation, market expansion, and operational efficiency present avenues for Erie to sustain growth and competitiveness.
Balancing challenges with strengths and seizing opportunities will be crucial for Erie Indemnity to navigate the evolving insurance landscape effectively.

Erie Indemnity reports robust Q1 results, poised for growth

Erie Indemnity's Q1 2024 results reflect a resilient performance with improved financial metrics, driven by premium growth, increased net income, and higher operating income.
Despite challenges from weather-related claims and industry dynamics, the company's strong market position, effective management, and growth initiatives position it for future success.
With a focus on capitalizing on opportunities for expansion, innovation, and customer-centric strategies, Erie Indemnity is poised to navigate challenges and drive sustainable growth in the insurance sector.

Erie Indemnity excels in Q2 2024, eyes growth amid challenges

Erie Indemnity's Q2 2024 results reflect robust financial performance, strong customer relationships, and strategic growth initiatives.
While facing challenges in managing underwriting risks, Erie's focus on technology and customer service positions it well for future opportunities.
Investments in community initiatives and sustained revenue growth offer promising avenues for long-term success and market differentiation.

Erie Indemnity posts strong Q3 earnings amidst Hurricane challenges

Erie Indemnity reported a robust financial performance in Q3 2024 despite challenges from Hurricane Helene, showcasing resilience and growth potential.
The company's strategic focus on community support, product innovation, and financial strength positions it well for future opportunities and market expansion.
Investors can take note of Erie's strong net income growth, S&P 500 inclusion, and commitment to customer needs as indicators of long-term sustainability and value.

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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, BRO, ERIE and RYAN.

5 Stocks to Watch From the Prospering Insurance Brokerage Industry

Erie Indemnity (ERIE) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Erie Indemnity (ERIE) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

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

Looking for a Growth Stock? 3 Reasons Why Erie Indemnity (ERIE) is a Solid Choice

Erie Indemnity Company (NASDAQ:ERIE ) Q1 2023 Results Conference Call April 28, 2023 10:00 AM ET Company Participants Scott Beilharz - VP of Capital Management & IR Timothy NeCastro - President & CEO Gregory Gutting - Executive VP & CFO Operator Good morning, and welcome to the Erie Indemnity Company First Quarter 2023 Earnings Conference Call. This call was pre-recorded, and there will be no question-and-answer session following the recording.

Erie Indemnity Company (ERIE) Q1 2023 Earnings Call Transcript

Erie Indemnity (ERIE) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.56 per share. This compares to earnings of $1.31 per share a year ago.

Erie Indemnity (ERIE) Beats Q1 Earnings and Revenue Estimates

Net Income was $86.2 million, Earnings per Diluted Share was $1.65 ERIE, Pa. , April 27, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter ending March 31, 2023.

Erie Indemnity Reports First Quarter 2023 Results

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Dividend Champion, Contender, And Challenger Highlights: Week Of April 16

ERIE, Pa. , April 11, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) will host a pre-recorded audio webcast with the financial community providing financial results for the first quarter Friday, April 28 th, at 10 a.m. Eastern Time.

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

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Erie Insurance is #1 in home insurance claims experience ERIE, Pa. , March 2, 2023 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) is ranked highest in customer satisfaction among property and casualty (P&C) insurers in the J.D.

Erie Insurance earns top ranking in J.D. Power 2023 U.S. Property Claims Satisfaction Study

Net Income per Diluted Share was $1.25 for the Quarter and $5.71 for the Year ERIE, Pa. , March 1, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the full year and quarter ending December 31, 2022.

Erie Indemnity Reports Full Year and Fourth Quarter 2022 Results

ERIE, Pa. , Feb. 23, 2023 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) ("Erie Indemnity") announced today that it will reschedule the pre-recorded fourth quarter and year-end 2022 audio webcast previously set for Friday, February 24, 2023 at 10 a.m. Eastern Time.

Erie Indemnity to reschedule pre-recorded earnings call and release of earnings

Erie Insurance is #1 in Independent Agent Satisfaction among personal lines insurers for the second year in a row ERIE, Pa. , Feb. 9, 2023 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) is ranked highest among personal lines insurers in the J.D.

Erie Insurance earns top ranking in J.D. Power 2022 U.S. Independent Agent Satisfaction Study

Erie Indemnity Company remains successful at sustaining revenue growth and margin expansion. Its liquidity position stays in excellent shape as it reduces its borrowings to zero.

Erie Indemnity: A Solid Foundation Amidst An Eerie Economic Volatility

ERIE, Pa. , Jan. 25, 2023 /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 2022 on Friday, February 24 th, at 10 a.m. Eastern Time.

Erie Indemnity to host fourth quarter and year-end 2022 pre-recorded conference call and webcast

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8 Upcoming Dividend Increases To Start 2023

Pelkowski, a 25-year ERIE employee, will succeed CFO Greg Gutting who will retire April 30 ERIE, Pa. , Dec. 21, 2022 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) today announced that Julie Pelkowski has been named executive vice president and chief financial officer, effective May 1, 2023.

Erie Insurance names Julie Pelkowski Executive Vice President and Chief Financial Officer

Dugan is a 30-year ERIE employee and has served as SVP, Human Resources, since 2020 ERIE, Pa. , Dec. 21, 2022 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) today announced that Sean Dugan has been promoted to executive vice president, Human Resources and Corporate Services, effective Jan. 1, 2023.

Erie Insurance promotes Sean Dugan to Executive Vice President, Human Resources and Corporate Services

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) OK's Dividend Hike to Share More Profits

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.

Erie Indemnity (ERIE) is on the Move, Here's Why the Trend Could be Sustainable

Erie Indemnity Co (NASDAQ:ERIE ) Q3 2022 Earnings Conference Call October 28, 2022 10:00 AM ET Company Participants Scott Beilharz - VP, Capital Management & IR Timothy NeCastro - President & CEO Gregory Gutting - EVP & CFO Conference Call Participants Operator Good morning, and welcome to Erie Indemnity Company Third Quarter 2022 Earnings Conference Call. This call was prerecorded, and there will be no questions-and-answer session following the recording.

Erie Indemnity Co (ERIE) Q3 2022 Earnings Call Transcript

Erie Indemnity (ERIE) delivered earnings and revenue surprises of -10.06% and 3.10%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Erie Indemnity (ERIE) Q3 Earnings Lag Estimates

Net Income per Diluted Share was $1.61 for the Quarter and $4.46 for the Nine Months of 2022 ERIE, Pa. , Oct. 27, 2022 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the quarter and nine months ending September 30, 2022.

Erie Indemnity Reports Third Quarter 2022 Results

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