Erie Indemnity Company (NASDAQ: ERIE) has announced that it will be unveiling its third quarter financial results on Thursday 31st October 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
According to predictions from financial analysts on Wall Street, the concern is expected to report an estimated per share $3.02 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $985.1 million during this period.
In the same three months of the year before, the company made income of $2.51 per share, as shown in their financial report. This number came from the total revenue of $858.94 million that the company earned in that particular quarter.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $3.78 billion. Additionally, they are expecting the company to achieve per share profit of $11.33 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.13 | +39.1% | 990.44 M | +17.9% |
| Q1 2024 | $2.38 | +44.2% | 880.70 M | +17.0% |
| Q4 2023 | $2.12 | +69.6% | 817.67 M | +16.7% |
| Q3 2023 | $2.51 | +55.9% | 858.94 M | +15.9% |
| Q2 2023 | $2.25 | +47.1% | 839.87 M | +15.7% |
| *Growth on year-over-year basis | ||||
ERIE will host a conference call with investment community on 1st November 2024 at 10:00 AM eastern time to discuss the financial results.
Erie Indemnity Company (ERIE) experienced a trading range of $448.33 to $454.44, along with a total volume of 134.50 thousand shares during the day. The stock concluded Tuesday's regular trading session at $452.87, reflecting an advance of 0.56 percent.
