NASDAQ$ERIE
Erie Indemnity Company · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Erie Indemnity's financial results were announced for Q3 2022, with net income at $1.61 per diluted share.
Erie Indemnity Company reported a net income of $84.3 million, or $1.61 per diluted share, for the third quarter of 2022. This is compared to a net income of $90.2 million, or $1.72 per diluted share, for the third quarter of 2021.
- Net income was $84.3 million, or $1.61 per diluted share.
- Operating income before taxes increased $11.4 million, or 12.0 percent, compared to Q3 2021.
- Management fee revenue from policy issuance and renewal services increased by $46.8 million, or 9.3 percent, compared to Q3 2021.
- Loss from investments before taxes totaled $0.6 million, compared to income from investments before taxes of $20.6 million in Q3 2021.
Headline financials
Revenue & EPS history
Erie Insurance · Revenue · Quarterly
$741M
Revenue by segment
Erie Insurance · $47M total across 2 segments · Q3 2022
- Policy Issuance & Renewal$46.8M—99.6%
- Administrative Services$200K—0.4%
Forward guidance
Forward-looking statements are subject to risks and uncertainties that could cause actual events and results to differ materially from those discussed.
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 2022
-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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro