Erie Indemnity Q3 Earnings, Revenue Increase; Shares Rise After Hours

MT Newswires Live11-01

Erie Indemnity (ERIE) reported Q3 diluted earnings late Thursday of $3.06 per share, up from $2.51 a year earlier.

A lone analyst polled by Capital IQ expected $2.99.

Revenue for the quarter ended Sept. 30 was $999.9 million, up from $858.9 million a year earlier.

A lone analyst surveyed by Capital IQ expected $985.1 million.

Shares of the company rose 1.9% in recent after-hours activity.

Price: 457.50, Change: +8.66, Percent Change: +1.93

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