ERIE Q3 2018 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q3 2018 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$612M+38.3% YoY

Gross Profit

$97M15.8% margin

Operating Income

$97M15.8% margin

Net Income

$80M13.1% margin

EPS (Diluted)

$1.54

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$133M

Free Cash Flow

$102M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$838M

Stockholders' Equity

$921M

Cash & Equivalents

$245M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$612M	$442M	+38.3%
Gross Profit	$97M	$81M	+19.0%
Operating Income	$97M	$81M	+19.0%
Net Income	$80M	$59M	+37.4%

Revenue Segments

Administrative Services

$154M100%