Overview
Insurance firm's Q4 net income fell due to a $100 mln charitable contribution
Operating income for 2025 increased 6% yr/yr
Investment income rose in 2025, driven by limited partnership earnings
Outlook
Company did not provide specific guidance for future periods
Result Drivers
CHARITABLE CONTRIBUTION - The after-tax impact of a $100 mln donation to the Erie Insurance Foundation significantly reduced net income for Q4 and the full year
MANAGEMENT FEE REVENUE - 2025 increased management fee revenue from policy issuance and renewal services contributed to operating income growth
Company press release: ID:nPnbJVnQya
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | $951.02 mln | ||
Q4 EPS | $1.21 | ||
Q4 Net Income | $63.38 mln |
Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the property & casualty insurance peer group is "buy"
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 21 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)