Erie Indemnity hits 10-month low after Q1 profit miss

Property and casualty insurer Erie Indemnity's ERIE.O shares slide as much as 14.4% in early trading, hitting their lowest since June 2024

Stock last down 13.1% at $355.13

ERIE late Thursday reported Q1 profit below Wall Street expectations, its first miss in more than two years, per LSEG data

1 of 2 brokerages rate the stock "strong buy" and 1 "hold" - data compiled by LSEG

As of last close, ERIE down ~1% YTD