ERIE, Pa. (AP) _ Erie Indemnity Co. (ERIE) on Thursday reported second-quarter profit of $79 million.

The Erie, Pennsylvania-based company said it had net income of $1.51 per share.

The insurance company posted revenue of $680 million in the period.

Erie Indemnity shares have fallen 25% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $185.38, a decline of 12% in the last 12 months.

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