
Erie Indemnity Company (ERIE), headquartered in Erie, Pennsylvania, operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange. Valued at $27.3 billion by market cap, the company is also involved in the property and casualty insurance business through its management of Flagship City Insurance Company. It sells auto, home, life, and business insurance. The insurance company is expected to announce its fiscal third-quarter earnings for 2024 after the market closes on Thursday, Oct. 31.
Ahead of the event, analysts expect ERIE to report a profit of $2.99 per share on a diluted basis, up 19.1% from $2.51 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.