PGR Stock Recent News
PGR LATEST HEADLINES
Zacks.com users have recently been watching Progressive (PGR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Shares of Progressive (PGR) gained Friday after the insurance provider posted a more-than-fivefold increase in net income after adding more policies.
Progressive's (PGR) first-quarter 2024 results reflect year-over-year improvement in the top line.
Although the revenue and EPS for Progressive (PGR) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
We have narrowed our search to five low-beta stocks that are regular dividend payers. These are VMC, VIPS, PGR, IRM and TM.
Progressive (PGR) came out with quarterly earnings of $3.73 per share, beating the Zacks Consensus Estimate of $3.20 per share. This compares to earnings of $0.65 per share a year ago.
Progressive's (PGR) first-quarter earnings are likely to have benefited from improved rates, solid policies in force and higher retention in its Vehicle and Property businesses.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Beyond analysts' top -and-bottom-line estimates for Progressive (PGR), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
Progressive (PGR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.