Erie Indemnity Q2 net income $117.9M, EPS $2.25 up 47% YoY, dividend increased to $1.19

ERIE INDEMNITY CO

Diluted EPS $2.25 vs $1.53 in Q2 2022; net income rose 47% to $117.9M.
Operating revenue $839.9M, up 15.7% from $726.1M, driven by management fee growth.
Dividend declared $1.19 per Class A share, up from $1.11, payable Oct 20, record Oct 5.
Management fee revenue - policy issuance and renewal services up 16.3% to $633.3M.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ERIE INDEMNITY CO reported the quarter ended June 30, 2023 results: net income $117.9 million, EPS $2.25 per diluted share.

Period: the quarter ended June 30, 2023
Net income: $117.9 million
EPS: $2.25 per diluted share
Result: reported results

Exact text from the filing

Net income was $117.9 million, or $2.25 per diluted share, in the second quarter of 2023

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ERIE INDEMNITY CO reported the six months ended June 30, 2023 results: net income $204.1 million, EPS $3.90 per diluted share.

Period: the six months ended June 30, 2023
Net income: $204.1 million
EPS: $3.90 per diluted share
Result: reported results

Exact text from the filing

Net income was $204.1 million, or $3.90 per diluted share, in the first six months of 2023

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51 earnings releases filed in the last 30 days. Browse all earnings releases →

ERIE INDEMNITY CO filing history →

Source: SEC EDGAR

accession 0000922621-23-000016

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