ERIE Q3 2019 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q3 2019 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$639M+4.3% YoY

Gross Profit

$106M16.6% margin

Operating Income

$106M16.6% margin

Net Income

$94M14.7% margin

EPS (Diluted)

$1.80

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

$123M

Free Cash Flow

$89M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$855M

Stockholders' Equity

$1.1B

Cash & Equivalents

$345M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$639M	$612M	+4.3%
Gross Profit	$106M	$97M	+9.5%
Operating Income	$106M	$97M	+9.5%
Net Income	$94M	$80M	+17.1%

Revenue Segments

Policy Issuance and Renewal Services

$474M100%