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Stock impact report

Erie Indemnity Reports Full Year and Fourth Quarter 2023 Results [Yahoo! Finance]

Erie Indemnity Company - Class A (ERIE) 
Last erie indemnity company - class a earnings: 10/24 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: erieinsurance.com/investor
Company Research Source: Yahoo! Finance
ERIE, Pa. Feb. 26, 2024 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE ) today announced financial results for the full year and quarter ending December 31, 2023. Net income was $446.1 million , or per diluted share, in 2023, compared to $298.6 million , or per diluted share, in 2022. Net income was $110.9 million , or per diluted share, in the fourth quarter of 2023, compared to $65.5 million , or per diluted share, in the fourth quarter of 2022. 4Q and Full Year 2023 (in thousands) 4Q'23 4Q'22 Operating income Investment income Interest expense and other (income), net Income before income taxes Income tax expense Net income 2023 Full Year Highlights Operating income before taxes increased $144.0 million , or 38.3 percent, in 2023 compared to 2022. Management fee revenue - policy issuance and renewal services increased $354.2 million , or 17.0 percent, in 2023 compared to 2022. Management fee revenue - administrative services increased $5.3 million Show less Read more
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