Progressive: Q2 Earnings Insights

 

Progressive PGR reported its Q2 earnings results on Friday, July 15, 2022 at 08:25 AM.

Here's what investors need to know about the announcement.

Earnings

Progressive beat estimated earnings by 17.02%, reporting an EPS of $1.1 versus an estimate of $0.94.

Revenue was up $1.17 billion from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.13 which was followed by a 1.58% drop in the share price the next day.

Here's a look at Progressive's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.24 1 0.21 1.08
EPS Actual 1.11 1.05 0.14 0.72
Revenue Estimate 13.33B 10.77B 12.32B 11.52B
Revenue Actual 11.80B 11.60B 11.37B 10.98B

To track all earnings releases for Progressive visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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