Progressive Earnings: Strong Growth Comes at the Expense of ...

Jul 13, 2023 · While Progressive did see strong growth in the quarter, profitability was much less impressive. We will maintain our $107 fair value estimate and see the shares as a bit …

$107
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Progressive Earnings: Strong Growth Comes At The Expense Of ...

2 weeks from now

Jul 13, 2023 · While Progressive did see strong growth in the quarter, profitability was much less impressive. We will maintain our $107 fair value estimate and see the shares as a bit …

morningstar.com

7%
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Progressive Earnings: Results Stay Strong Amid Favorable Market ...

2 weeks from now

Oct 15, 2024 · Underlying underwriting results remained strong. The personal auto combined ratio for the quarter came in at 89.7%, compared with 91.1% last year and 88.6% last quarter.

morningstar.com

10%
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Progressive Earnings: Multiple Tailwinds Continue To Drive Strong ...

2 weeks from now

Jul 16, 2024 · Progressive saw solid growth in the quarter, with personal auto policies in force up 10% year over year. The agent and direct channels were up 6% and 12%, respectively.

morningstar.com

3%
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Progressive Leads The Way As Analysts Bet Big On Insurance Stocks

2 weeks from now

Oct 18, 2024 · Progressive Stock Earnings Signal Strong Growth With inflation up roughly 3% to 3.5% over the past 12 months, Progressive's new signed-up policies had a compound effect …

benzinga.com

$293
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Progressive’s Strong Q2 Earnings And Growth ... - Markets Insider

2 weeks from now

Jul 17, 2024 · Shanker’s price objective (PO) for Progressive, which is set at $293, is based on applying an S&P 500 P/E multiple to his estimate of Progressive’s normalized EPS for 2025.

businessinsider.com

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Progressive's (PGR) Q4 Earnings And Revenues Beat Estimates

2 weeks from now

Jan 24, 2024 · The Progressive Corporation’s PGR fourth-quarter 2023 earnings per share of $2.96 beat the Zacks Consensus Estimate of $2.38. The bottom line improved 97.3% year …

nasdaq.com

$2.09
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Progressive (PGR) Q3 Earnings Beat Estimates, Premiums Rise Y/Y

2 weeks from now

The Progressive Corporation’s PGR third-quarter 2023 earnings per share of $2.09 beat the Zacks Consensus Estimate of $1.71. The bottom line improved more than fourfold year over …

yahoo.com

$1914
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Progressive Corp Shows Revenue, Income Growth In 2024

2 weeks from now

Progressive Corp (NYSE) reported strong financial results for the first nine months of 2024, with a significant rise in net premiums earned and total revenue. Net income surged from $1,914.6 …

investingsnacks.com

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Why Progressive (PGR) Is A Top Growth Stock For The Long-Term

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Sep 27, 2024 · Eight analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate stock price has increased $0.88 to $12.90 per …

markets.com

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Progressive (PGR) Earnings Expected To Grow: Should You Buy?

2 weeks from now

Oct 4, 2024 · For the last reported quarter, it was expected that Progressive would post earnings of $1.99 per share when it actually produced earnings of $2.65, delivering a surprise of +33.17%.

nasdaq.com

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Progressive: Record Policy-Count Growth Amid Sky-High Auto …

2 weeks from now

Apr 13, 2024 · That comes as no surprise to families across the country. According to the March CPI report, the 3-month annualized rate soared to 26.7%. It was a material driver of the strong …

seekingalpha.com

37%
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Progressive (PGR) Earnings Expected To Grow: What To Know

2 weeks from now

Apr 5, 2024 · For the last reported quarter, it was expected that Progressive would post earnings of $2.38 per share when it actually produced earnings of $2.96, delivering a surprise of +24.37%.

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FAQs about Progressive Earnings: Strong Growth Comes at the Expense of ... Coupon?

How will progressive's earnings per share (EPS) grow over the next 5 years?

The company's earnings per share (EPS) are projected to grow at an impressive annual rate of 23.8% over the next three to five years. This robust growth forecast is driven by Progressive's strong underwriting performance, innovative product offerings, and efficient cost management. ...

Is Progressive Corporation a good stock to buy in Q1?

The Progressive Corporation stock is reacting positively to its Q1 earnings results. The insurance industry has raised rates, benefiting Progressive. The company had a strong quarter with increased premium costs and impressive earnings growth. Ratio metrics of interest are improving. ...

Did Progressive Corp spend more on media in Q3 2024?

Progressive Corp (NYSE:PGR) spent more on media in Q3 2024 than in any quarter in its history, resulting in a higher number of direct channel prospects. The company reported a very strong year-to-date combined ratio through Q3, indicating robust profit margins. ...

What did Progressive Corp (PGR) do in Q3 2024?

Progressive Corp (PGR) Q3 2024 Earnings Call Highlights: Record Policy Growth and Strategic ... Policies in Force: Added almost 1.6 million policies in Q3, totaling nearly 4.2 million added this year. Media Spend: Highest media spend in any quarter in company history during Q3 2024. ...

Should progressive be in your portfolio post Q3 earnings?

The Progressive Corporation PGR reported solid third-quarter 2024 results, wherein the top line and the bottom line beat the Zacks Consensus Estimate. Net premiums written improved 25%, driven by the strong performance of operating businesses. ...

How much will Progressive Inc (PPT) earn per share?

For the last reported quarter, it was expected that Progressive would post earnings of $1.99 per share when it actually produced earnings of $2.65, delivering a surprise of +33.17%. Over the last four quarters, the company has beaten consensus EPS estimates four times. ...