Erie Indemnity Q3 net income $159.8M ($3.06 EPS), up 22% YoY; operating income +21%

ERIE INDEMNITY CO

Net income $159.8M ($3.06 diluted EPS) vs $131.0M ($2.51) in Q3 2023, up 22%.
Operating income before taxes rose 21.3% to $180.1M, driven by 18.5% management fee revenue growth.
Investment income increased to $19.5M from $12.3M, supported by higher net realized gains.
Nine-month net income $448.3M ($8.57 diluted EPS) vs $335.1M ($6.41) in prior year.
Quarterly dividend declared $1.275 per Class A share, up from $1.19 in Q3 2023.

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