Erie Indemnity (ERIE) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter rose compared to both the prior quarter and the same quarter last year. The increase continued a trend of sequential growth seen in recent quarters.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter rose compared to both the prior quarter and the same quarter last year. The increase continued a trend of sequential growth seen in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$990.4M
Revenue reported for this quarter.
Quarter-over-quarter
+12.5%
Change from the immediately preceding quarter.
Year-over-year
+17.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.5B
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 |
|---|---|---|
| Sep 30, 2023 | $858.9M | +15.9% |
| Dec 31, 2023 | $817.7M | +16.7% |
| Mar 31, 2024 | $880.7M | +17.0% |
| Jun 30, 2024 | $990.4M | +17.9% |
Revenue performance
Reported revenue was higher than the immediately preceding quarter, marking another period of sequential improvement.
Quarterly comparison
Compared with the same quarter one year earlier, revenue also increased. The growth rate relative to the prior year was larger than the sequential rate.
What to watch
No filing context was available to explain the revenue drivers; monitor future filings for underlying factors.