Erie Indemnity Q1 EPS $2.65 Misses $3.19 Estimate, Sales $989.40M Beat $986.49M Estimate

Erie Indemnity (NASDAQ:ERIE) reported quarterly earnings of $2.65 per share which missed the analyst consensus estimate of $3.19 by 16.93 percent. This is a 11.34 percent increase over earnings of $2.38 per share from the same period last year. The company reported quarterly sales of $989.40 million which beat the analyst consensus estimate of $986.49 million by 0.29 percent. This is a 12.34 percent increase over sales of $880.70 million the same period last year.