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Erie Indemnity Co Profit Rises In Q3

Erie Indemnity Co (ERIE) announced earnings for its third quarter that rose from last year.

The company's earnings came in at $94.17 million, or $1.80 per share. This compares with $80.45 million, or $1.54 per share, in last year's third quarter.

Analysts had expected the company to earn $1.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.3% to $638.74 million from $612.13 million last year.

Erie Indemnity Co earnings at a glance:

-Earnings (Q3): $94.17 Mln. vs. $80.45 Mln. last year.
-EPS (Q3): $1.80 vs. $1.54 last year.
-Analysts Estimate: $1.65
-Revenue (Q3): $638.74 Mln vs. $612.13 Mln last year.

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