NASDAQ$ERIE
Erie Indemnity Company · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Erie Indemnity's financial performance was detailed for the quarter ended September 30, 2021.
Erie Indemnity Company reported a net income of $90.2 million, or $1.72 per diluted share, for the third quarter of 2021, slightly up from $89.2 million, or $1.71 per diluted share, in the third quarter of 2020. Operating income before taxes decreased slightly by $1.1 million, or 1.2 percent, compared to the same quarter last year. Management fee revenue from policy issuance and renewal services increased, while revenue from administrative services decreased.
- Net income was $90.2 million, or $1.72 per diluted share, in the third quarter of 2021.
- Operating income before taxes decreased 1.2% compared to the third quarter of 2020.
- Management fee revenue from policy issuance and renewal services increased by 4.2%.
- Investment income before taxes totaled $20.6 million, up from $16.4 million in the third quarter of 2020.
Headline financials
Revenue & EPS history
Erie Insurance · Revenue · Quarterly
$688M
Forward guidance
The uncertainty resulting from the COVID-19 pandemic continues to evolve and the pandemic's ultimate impact and duration remain uncertain at this time.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
-0.3%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+1.5%
Avg return
30 days after
48%
31 / 64 earnings
Positive
+11.4%
Q4 2023
Best reaction
-11.7%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.4% | -8.0% | -10.4% | |
| Q4 2025 | -0.8% | +2.1% | -7.8% | |
| Q3 2025 | -7.8% | -6.9% | -4.6% | |
| Q1 2025 | -11.5% | -12.3% | -14.7% | |
| Q4 2024 | +5.7% | +10.4% | +1.4% | |
| Q3 2024 | -7.8% | -9.2% | -2.1% | |
| Q2 2024 | +9.9% | +15.4% | +27.6% | |
| Q1 2024 | -0.2% | +0.0% | +1.6% | |
| Q4 2023 | +11.4% | +15.7% | +16.8% | |
| Q3 2023 | -7.2% | -6.2% | -0.5% | |
| Q2 2023 | +4.3% | +4.9% | +33.8% | |
| Q1 2023 | -0.4% | +4.3% | +0.4% | |
| Q4 2022 | -1.3% | +1.9% | -1.6% | |
| Q3 2022 | +5.7% | +8.1% | +14.0% | |
| Q2 2022 | +4.6% | +7.3% | +12.0% | |
| Q1 2022 | -4.6% | -0.7% | -0.5% | |
| Q4 2021 | +1.4% | -2.7% | +1.8% | |
| Q3 2021 | +3.9% | +7.3% | +5.6% | |
| Q2 2021 | +0.1% | -0.3% | -5.3% | |
| Q1 2021 | -2.8% | -3.5% | -8.7% | |
| Q4 2020 | -0.8% | -0.4% | -8.7% | |
| Q3 2020 | -0.8% | +2.4% | -3.5% | |
| Q2 2020 | +0.1% | +1.7% | -1.2% | |
| Q1 2020 | -7.5% | -6.5% | +1.6% | |
| Q4 2019 | -10.2% | -4.3% | +2.4% | |
| Q3 2019 | +1.1% | +1.8% | -5.7% | |
| Q2 2019 | -11.7% | -15.6% | -19.5% | |
| Q1 2019 | +5.2% | +4.8% | +13.3% | |
| Q4 2018 | +5.6% | +10.2% | +5.0% | |
| Q3 2018 | +5.0% | +5.9% | +7.2% | |
| Q2 2018 | +2.8% | +3.4% | +5.8% | |
| Q1 2018 | -1.5% | -1.4% | -3.9% | |
| Q4 2017 | -1.6% | -1.0% | -1.1% | |
| Q3 2017 | +2.3% | -0.3% | +1.0% | |
| Q2 2017 | +3.9% | +3.6% | -2.4% | |
| Q1 2017 | -2.3% | -4.0% | -4.9% | |
| Q4 2016 | +2.3% | +1.2% | +3.7% | |
| Q3 2016 | -0.6% | +1.0% | +6.9% | |
| Q2 2016 | -0.3% | +1.6% | +2.9% | |
| Q1 2016 | +1.4% | — | — | |
| Q4 2015 | -5.8% | — | — | |
| Q3 2015 | -0.8% | — | — | |
| Q2 2015 | +5.5% | — | — | |
| Q1 2015 | -4.3% | — | — | |
| Q4 2014 | -5.2% | — | — | |
| Q3 2014 | +1.3% | — | — | |
| Q2 2014 | +1.3% | — | — | |
| Q1 2014 | +4.5% | — | — | |
| Q4 2013 | +3.0% | — | — | |
| Q3 2013 | -2.1% | — | — | |
| Q2 2013 | -1.5% | — | — | |
| Q1 2013 | +0.5% | — | — | |
| Q4 2012 | +0.1% | — | — | |
| Q3 2012 | +6.3% | — | — | |
| Q2 2012 | -6.4% | — | — | |
| Q1 2012 | -9.1% | — | — | |
| Q4 2011 | -1.3% | — | — | |
| Q3 2011 | +0.1% | — | — | |
| Q2 2011 | -2.6% | — | — | |
| Q1 2011 | -0.0% | — | — | |
| Q4 2010 | +1.2% | — | — | |
| Q3 2010 | +3.4% | — | — | |
| Q2 2010 | +0.6% | — | — | |
| Q1 2010 | -4.9% | — | — |
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