ERIE Q2 2018 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q2 2018 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$621M+38.5% YoY

Gross Profit

$95M15.3% margin

Operating Income

$95M15.3% margin

Net Income

$80M12.8% margin

EPS (Diluted)

$1.52

QoQ Revenue Growth

+8.6%

Cash Flow

Operating Cash Flow

$82M

Free Cash Flow

$72M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$772M

Stockholders' Equity

$880M

Cash & Equivalents

$198M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$621M	$449M	+38.5%
Gross Profit	$95M	$83M	+14.2%
Operating Income	$95M	$83M	+14.2%
Net Income	$80M	$59M	+36.2%

Revenue Segments

Administrative Services

$160M100%