15.04.2020 15:00:50

Progressive Corp. Q1 Profit Declines - Quick Facts

(RTTNews) - The Progressive Corp. (PGR) reported first quarter earnings per share of $1.17 compared to $1.83, prior year. On average, 18 analysts polled by Thomson Reuters expected the company to report profit per share of $1.52, for the quarter. Analysts' estimates typically exclude special items. Net income attributable to Progressive declined 36 percent to $692.7 million.

First quarter net premiums written rose 7 percent to $9.87 billion. Total revenues were $9.32 billion compared to $9.30 billion. Analysts expected revenue of $10.3 billion for the quarter.

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