ERIE Q2 2017 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q2 2017 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$449M+5.8% YoY

Gross Profit

$83M18.6% margin

Operating Income

$83M18.6% margin

Net Income

$59M13.0% margin

EPS (Diluted)

$1.12

QoQ Revenue Growth

+12.3%

Cash Flow

Operating Cash Flow

$75M

Free Cash Flow

$68M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$714M

Stockholders' Equity

$853M

Cash & Equivalents

$145M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$449M	$424M	+5.8%
Gross Profit	$83M	$133M	-37.3%
Operating Income	$83M	$86M	-2.7%
Net Income	$59M	$61M	-4.5%