Erie Indemnity Company Earnings logo

ERIE

Erie Indemnity Company Earnings

$428.07

Earnings Summary

Revenue
$338.58Mn
Net Profits
$152.03Mn
Net Profit Margins
44.9%
PE Ratio
37.35
Highlights
Revenue:

Erie Indemnity Company’s revenue fell -58.58% since last year same period to $338.58Mn in the Q4 2024. On a quarterly growth basis, Erie Indemnity Company has generated -66.14% fall in its revenue since last 3-months.

Net Profits:

Erie Indemnity Company’s net profit jumped 37.05% since last year same period to $152.03Mn in the Q4 2024. On a quarterly growth basis, Erie Indemnity Company has generated -4.88% fall in its net profits since last 3-months.

Net Profit Margins:

Erie Indemnity Company’s net profit margin jumped 230.9% since last year same period to 44.9% in the Q4 2024. On a quarterly growth basis, Erie Indemnity Company has generated 180.91% jump in its net profit margins since last 3-months.

PE Ratio:

Erie Indemnity Company’s price-to-earnings ratio after this Q4 2024 earnings stands at 37.35.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Erie Indemnity Company post its latest quarter earnings
EPS Estimate Current Quarter
2.9
EPS Estimate Current Year
2.9
Highlights
EPS Estimate Current Quarter:

Erie Indemnity Company’s earning per share (EPS) estimates for the current quarter stand at 2.9 - a -3.97% fall from last quarter’s estimates.

EPS Estimate Current Year:

Erie Indemnity Company’s earning per share (EPS) estimates for the current year stand at 2.9.

Key Ratios

Key ratios of the Erie Indemnity Company post its Q4 2024 earnings
Earning Per Share (EPS)
2.91
Return on Assets (ROA)
0.16
Return on Equity (ROE)
0.33
Dividend Per Share (DPS)
1.27
Highlights
Earning Per Share (EPS):

Erie Indemnity Company’s earning per share (EPS) jumped 37.17% since last year same period to 2.91 in the Q4 2024. This indicates that the Erie Indemnity Company has generated 37.17% 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 Company’s return on assets (ROA) stands at 0.16.

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 Company’s return on equity (ROE) stands at 0.33.

Dividend Per Share (DPS):

Erie Indemnity Company declared 1.27 dividend per share during the earnings announcement for Q4 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-07-25
2.58
3.13
21.32%
2024-10-31
3.02
3.06
1.32%
2024-04-25
2.29
2.38
3.93%