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PGR Progressive Corporation

208.25
0.00 (0.00%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Progressive Corporation NYSE:PGR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 208.25 0 01:00:00

Progressive Posts Higher 4Q Earnings

24/01/2024 1:44pm

Dow Jones News


Progressive (NYSE:PGR)
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From Nov 2023 to May 2024

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By Will Feuer

 

Progressive recorded higher earnings for the fourth quarter, topping Wall Street analysts' expectations and sending shares higher.

The Mayfield Village, Ohio-based insurance company reported a fourth-quarter profit of $1.99 billion, or $3.37 a share, up from $826.4 million, or $1.40 a share, in the same period a year earlier. Analysts surveyed by FactSet were expecting $2.43 a share.

Net premiums written rose 21% to $15.13 billion. Net premiums earned also rose 22%.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

January 24, 2024 08:29 ET (13:29 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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