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.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ERIE at https://www.zacks.com/ap/ERIE
Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News