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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Stock market today: Wall Street extends its rally and closes at highest level since March 2022
Energy traders: A rebound is coming
All the trading advice you’ve ever received boils down to this (Ad)
Kroger shares are begging to be bought 
Dallas Mavericks purchase turns LVS stock into a cheaper bet
All the trading advice you’ve ever received boils down to this (Ad)
Behind the tech boom: Big price leaders selectively laying off
Earnings propel Crowdstrike, cybersecurity sector, to new highs
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Stock market today: Wall Street extends its rally and closes at highest level since March 2022
Energy traders: A rebound is coming
All the trading advice you’ve ever received boils down to this (Ad)
Kroger shares are begging to be bought 
Dallas Mavericks purchase turns LVS stock into a cheaper bet
All the trading advice you’ve ever received boils down to this (Ad)
Behind the tech boom: Big price leaders selectively laying off
Earnings propel Crowdstrike, cybersecurity sector, to new highs
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Stock market today: Wall Street extends its rally and closes at highest level since March 2022
Energy traders: A rebound is coming
All the trading advice you’ve ever received boils down to this (Ad)
Kroger shares are begging to be bought 
Dallas Mavericks purchase turns LVS stock into a cheaper bet
All the trading advice you’ve ever received boils down to this (Ad)
Behind the tech boom: Big price leaders selectively laying off
Earnings propel Crowdstrike, cybersecurity sector, to new highs

Progressive (PGR) Earnings Date, Estimates & Call Transcripts

$162.46
-1.57 (-0.96%)
(As of 12/1/2023 ET)
Compare
Today's Range
$162.24
$164.85
50-Day Range
$138.97
$164.41
52-Week Range
$111.41
$164.85
Volume
2.61 million shs
Average Volume
2.63 million shs
Market Capitalization
$95.05 billion
P/E Ratio
35.24
Dividend Yield
0.25%
Price Target
$161.47

Earnings Summary

Upcoming
Earnings Date
Jan. 24Estimated
Actual EPS
(Oct. 13)
$2.09 Beat By $0.38
Consensus EPS
(Oct. 13)
$1.71
Skip Charts & View Estimated and Actual Earnings Data

PGR Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

PGR Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Progressive Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20234$1.45$1.98$1.62
Q2 20234$1.02$1.52$1.30
Q3 20234$0.93$1.88$1.39
Q4 20234$1.64$2.48$1.98
FY 202316$5.04$7.86$6.28
Q1 20243$1.87$2.27$2.14
Q2 20243$1.34$2.06$1.75
Q3 20242$1.54$2.08$1.81
Q4 20242$2.21$2.63$2.42
FY 202410$6.96$9.04$8.12
Q1 20251$2.49$2.49$2.49
Q2 20251$2.94$2.94$2.94

PGR Earnings Date and Information

Progressive last released its quarterly earnings data on October 13th, 2023. The insurance provider reported $2.09 EPS for the quarter, beating analysts' consensus estimates of $1.71 by $0.38. The business earned $15.71 billion during the quarter, compared to analysts' expectations of $15.66 billion. Progressive has generated $4.61 earnings per share over the last year ($4.61 diluted earnings per share) and currently has a price-to-earnings ratio of 35.2. Earnings for Progressive are expected to grow by 49.08% in the coming year, from $5.44 to $8.11 per share. Progressive has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, January 24th, 2024 based off prior year's report dates.

Progressive Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
1/24/2024
Estimated)
------- 
10/13/2023Q3 2023$1.71$2.09+$0.38$2.29$15.66 billion$15.71 billion
7/13/2023Q2 2023$0.88$0.50($0.38)$0.43$15.24 billion$15.23 billion
4/13/2023Q1 2023$1.44$0.65($0.79)$0.55$14.12 billion$14.23 billion
1/25/2023Q4 2022$1.49$1.50+$0.01$1.60$13.33 billion$13.54 billion
10/13/2022Q3 2022$1.24$0.49($0.75)$0.78$13.16 billion$13.00 billion
7/15/2022Q2 2022$0.95$0.95-$2.84$12.87 billion$12.70 billion
4/14/2022Q1 2022$1.24$1.12($0.12)$1.72$12.24 billion$12.29 billion
1/26/2022Q4 2021$0.99$1.05+$0.06$0.47$10.78 billion$10.75 billion  
10/14/2021Q3 2021$0.22$0.14($0.08)$0.09$12.33 billion$12.47 billion  
8/3/2021Q2$1.08$0.72($0.36)---      
7/14/2021Q2 2021$1.17$0.72($0.45)$1.68$11.33 billion$11.48 billion  
5/4/2021Q1$1.7240$1.72($0.0040)---    
4/14/2021Q1 2021$1.72$1.72-$0.93$11.24 billion$11.73 billion  
3/1/2021Q4$1.67$1.83+$0.16---  
1/26/2021Q4 2020$1.68$1.83+$0.15$0.81$10.32 billion$9.54 billion












Progressive Earnings - Frequently Asked Questions

When is Progressive's earnings date?

Progressive has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, January 24th, 2024 based off last year's report dates. Learn more on PGR's earnings history.

Did Progressive beat their earnings estimates last quarter?

In the previous quarter, Progressive (NYSE:PGR) reported $2.09 earnings per share (EPS) to beat the analysts' consensus estimate of $1.71 by $0.38. Learn more on analysts' earnings estimate vs. PGR's actual earnings.

How much revenue does Progressive generate each year?

Progressive (NYSE:PGR) has a recorded annual revenue of $49.61 billion.

How much profit does Progressive generate each year?

Progressive (NYSE:PGR) has a recorded net income of $721.50 million. PGR has generated $4.61 earnings per share over the last four quarters.

What is Progressive's price-to-earnings ratio?

Progressive (NYSE:PGR) has a trailing price-to-earnings ratio of 35.24 and a forward price-to-earnings ratio of 29.86. The price/earnings-to-growth ratio is 1.16.

What is Progressive's EPS forecast for next year?

Progressive's earnings are expected to grow from $5.44 per share to $8.11 per share in the next year, which is a 49.08% increase.


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This page (NYSE:PGR) was last updated on 12/2/2023 by MarketBeat.com Staff

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