Progressive: Q3 Earnings Insights - Progressive (NYSE:PGR)

Progressive PGR reported its Q3 earnings results on Thursday, October 13, 2022 at 08:25 AM.

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

Progressive missed estimated earnings by 41.57%, reporting an EPS of $0.52 versus an estimate of $0.89.

Revenue was up $1.03 billion from the same period last year.

Last quarter the company beat on EPS by $0.14 which was followed by a 3.34% increase in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.94	1.24	1	0.21
EPS Actual	1.08	1.11	1.05	0.14
Revenue Estimate	12.46B	13.33B	10.77B	12.32B
Revenue Actual	12.15B	11.80B	11.60B	11.37B

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.