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Progressive: Q1 Earnings Insights

Progressive (NYSE:PGR) reported its Q1 earnings results on Thursday, April 14, 2022 at 08:25 AM. Here's what investors need to know about the announcement. Earnings Progressive missed estimated earnings by 10.48%, reporting an EPS of $1.11 versus an estimate of $1.24.
byBenzinga Insights
April 14, 2022
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Progressive (NYSE:PGR) reported its Q1 earnings results on Thursday, April 14, 2022 at 08:25 AM.

Here’s what investors need to know about the announcement.

Earnings

Progressive missed estimated earnings by 10.48%, reporting an EPS of $1.11 versus an estimate of $1.24.

Revenue was up $1.38 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 0.01% increase in the share price the next day.

Here’s a look at Progressive’s past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1 0.21 1.08 1.40
EPS Actual 1.05 0.14 0.72 1.73
Revenue Estimate 10.77B 12.32B 11.52B 11.23B
Revenue Actual 11.60B 11.37B 10.98B 10.42B

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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