Erie Indemnity Company Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 26, 2024 at 04:15 pm EST
Erie Indemnity Company reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 817.67 million compared to USD 700.64 million a year ago. Net income was USD 110.93 million compared to USD 65.49 million a year ago. Diluted earnings per share from continuing operations was USD 2.12 compared to USD 1.25 a year ago.
For the full year, the company reported revenue was USD 3,268.94 million compared to USD 2,840.12 million a year ago. Net income was USD 446.06 million compared to USD 298.57 million a year ago. Basic earnings per share from continuing operations was USD 9.58 compared to USD 6.41 a year ago.