Progressive Corp expected to post earnings of $4.26 a share - Earnings Preview

The Progressive

28/02/2025 13:49

Progressive Corp PGR.N, PGR is expected to show a rise in quarterly revenue when it reports  results on March 4 for the period ending March 31 2025

The Village Of Mayfield Ohio-based  company is expected to report a 14.8% increase in revenue to $21.769 billion from $18.96 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Progressive Corp is for earnings of $4.26 per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had risen by about 11.8% in the last three months. ​

Wall Street's median 12-month price target for Progressive Corp is $294.00​, above​ its last closing price of $278.77. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
3.58
3.58
4.08
Beat
13.9
Sep. 30 2024
3.61
3.67
3.59
Missed
-2.3
Jun. 30 2024
1.99
2.02
2.65
Beat
31.5​
Mar. 31 2024
3.27
3.21
3.73
Beat
16.2
​​Dec. 31 2023
2.43
2.43
2.97
Beat
22.3
Sep. 30 2023
1.75
1.72
2.09
Beat
21.7​
Jun. 30 2023
0.81
0.87
0.40
Missed
-53.8
Mar. 31 2023
1.30
1.37
0.65
Missed
-52.7

This summary was machine generated February 28 at 13:49 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)