NASDAQ$ERIE
Erie Indemnity Company · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Erie Indemnity's financial results for Q4 2022 were announced, showing increased net income and operating income compared to Q4 2021.
Erie Indemnity Company reported a net income of $65.5 million, or $1.25 per diluted share, for the fourth quarter of 2022, compared to $55.0 million, or $1.05 per diluted share, for the fourth quarter of 2021. Operating income before taxes increased by $19.6 million, or 31.7 percent, compared to the fourth quarter of 2021.
- Net income for the quarter was $65.5 million, or $1.25 per diluted share.
- Operating income before taxes increased by $19.6 million, or 31.7 percent, compared to Q4 2021.
- Management fee revenue from policy issuance and renewal services increased by $53.3 million, or 11.8 percent, compared to Q4 2021.
- Management fee revenue from administrative services increased by $0.6 million, or 4.0 percent, compared to Q4 2021.
Headline financials
Revenue & EPS history
Erie Insurance · Revenue · Quarterly
$701M
Revenue by segment
Erie Insurance · $53.9M total across 2 segments · Q4 2022
- Policy Issuance & Renewal$53.3M+158.7%98.9%
- Administrative Services$600K+185.7%1.1%
Forward guidance
The uncertainty resulting from post-pandemic conditions and the current economic environment continues to evolve and the duration or extent of financial impacts remain uncertain.
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 Q4 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% | — | — |
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