WASHINGTON (dpa-AFX) - Erie Indemnity Co. (ERIE) posted first-quarter net income attributable to the company of $37 million or $0.69 per class A common share, compared to $36 million or $0.67 per class A common share in the prior year quarter.
Operating income attributable to the company was $37 million or $0.69 per share, up from $34 million or $0.64 per share in the comparable quarter last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.72 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter declined to $1.57 billion from $1.52 billion in the prior year quarter.
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