Erie Indemnity (ERIE) Revenue — Quarter Ended Mar 31, 2024
Total operating revenue increased in the current quarter compared with the prior quarter. Revenue also rose from the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Total operating revenue increased in the current quarter compared with the prior quarter. Revenue also rose from the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$880.7M
Revenue reported for this quarter.
Quarter-over-quarter
+7.7%
Change from the immediately preceding quarter.
Year-over-year
+17.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $839.9M | +15.7% |
| Sep 30, 2023 | $858.9M | +15.9% |
| Dec 31, 2023 | $817.7M | +16.7% |
| Mar 31, 2024 | $880.7M | +17.0% |
Revenue performance
The reported revenue reflects a sequential increase from the immediately preceding quarter. The year-over-year comparison shows growth versus the same period last year.
Quarterly comparison
Revenue in the current quarter was higher than in the immediately preceding quarter. It was also higher than in the same quarter one year ago.
What to watch
The filing contains risk factors and management discussion, but no specific forward-looking guidance is provided in the supplied context.