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AI brief of an SEC Form 8-K · Erie Indemnity (ERIE)

Erie Indemnity Q1 net income rises to $124.6 million, or $2.38 per diluted share

Positive Impact 3 of 5 earnings Written later

Erie Indemnity reported first quarter 2024 net income of $124.6 million, or $2.38 per diluted share, up from $86.2 million, or $1.65 per diluted share, a year earlier. The board also declared a quarterly Class A dividend of $1.275 per share, up from $1.190 a year earlier, payable July 23, 2024.

Key points

  • Q1 2024 total operating revenue was $880.7 million, up from $752.5 million in Q1 2023.
  • Operating income before taxes rose $28.3 million, or 25.6 percent, to $138.8 million.
  • Board declared dividend number 376 of $1.275 per Class A share; record date July 9, 2024 and payable date July 23, 2024.
  • Shareholders re-elected all 11 directors and approved two compensation plan amendments at the April 23, 2024 annual meeting.

The filing

CompanyErie Indemnity (ERIE)
Form8-K, current report
Filed with the SECApr 25, 2024, 4:20 PM ET
Accession number0000922621-24-000009

Items reported: 2.02 Results of Operations5.07 Shareholder Vote Results8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 25, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.