Progressive (NYSE: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.
