15.04.2015 15:22:51

Progressive Corp. Q1 Profit Decreases - Quick Facts

(RTTNews) - The Progressive Corp. (PGR) reported first-quarter net income of $295.6 million or $0.50 per share, compared to $321.3 million or $0.54 per share, prior year.

On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $0.43 for the quarter. Analysts' estimates typically exclude special items.

Total revenues were $4.90 billion, compared to $4.71 billion, prior year. Net premiums written were $5.07 billion, compared to $4.68 billion, a year ago. Analysts expected revenue of $5.00 billion for the quarter.

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