ERIE Q1 2017 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q1 2017 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$399M+6.6% YoY

Gross Profit

$67M16.8% margin

Operating Income

$67M16.8% margin

Net Income

$48M12.0% margin

EPS (Diluted)

$0.91

QoQ Revenue Growth

+5.2%

Cash Flow

Operating Cash Flow

-$35M

Free Cash Flow

-$39M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$660M

Stockholders' Equity

$830M

Cash & Equivalents

$110M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$399M	$375M	+6.6%
Gross Profit	$67M	$113M	-40.6%
Operating Income	$67M	$68M	-1.1%
Net Income	$48M	$46M	+4.3%