Insurance giant Progressive Corporation (PGR)  and banking leader PNC Financial Services Group (PNC)  are two top-rated finance stocks to consider after exceeding their Q3 top and bottom line expectations on Tuesday.Here’s a brief review of their Q3 reports and a look at why now is still a good time to buy Progressive shares which have soared nearly +60% year to date and PNC’s stock which has risen over +20% in 2024.Image Source: Zacks Investment Research Progressive’s Q3 Results Zacks Rank #1 (Strong Buy) ...

Most investors dismiss insurance stocks as the boring niche in the finance sector without realizing that this industry could significantly outperform all others during an economy ridden by threats of prolonged higher inflation. Today's environment is ripe for insurance businesses to rally further into the year, if not continue their bullish momentum into 2025. Progressive Today | --- | --- | |-----------------------|-------| | | | | PGR | | | Progressive | | | $255.67 | | | +0.30 (+0.12%) | | | 52-Week Rang ...

The Progressive Corporation (NYSE: PGR ) is an insurance giant that got its start in 1937 , and has been serving its policyholders since. Looking back ten years to now, we can see that Progressive has done two things:Financial advisor and social science educator from Southern California.I have an obsession with alternatives, income-producing assets, and technology firms. My work will mostly cover equities, funds, and fixed income; macroeconomic and geopolitical analysis, asset allocation, and tech."History ...

The Progressive Corporation’s (PGR) third-quarter 2024 earnings per share of $3.97 beat the Zacks Consensus Estimate of $3.40. The bottom line more than doubled year over year. Operating revenues of $19.5 billion improved 24.9% year over year and beat the consensus estimate by 2.6%.Shares rose 0.8% in the pre-market trading session to reflect the outperformance.Behind the HeadlinesNet premiums written were $19.5 billion in the quarter, up 25% from $15.6 billion a year ago. Net premiums earned grew 23% to $1 ...

NEWS RELEASE PROGRESSIVE The Progressive Corporation Company Contact: 300 North Commons Blvd. Douglas S. Constantine Mayfield Village, Ohio 44143 (440) 395-3707 http://www.progressive.com investor_relations@progressive.com PROGRESSIVE REPORTS SEPTEMBER RESULTS MAYFIELD VILLAGE, OHIO -- October 15, 2024 -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended September 30, 2024 and the third quarter of 2024: | --- | --- | --- | --- | --- | --- | --- | --- | |-------- ...

MAYFIELD VILLAGE, OHIO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended September 30, 2024 and the third quarter of 2024: | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------|-------|-------|---------------|-----------|-------|--------------|-----------| | | | | | | | | | | | | | September | Quarter | | | | | (millions, except per share amounts and ratios; unaudited) | ...

Investors will be keeping a close eye on the financial sector with the major US banks set to report their third quarter results over the next week.While JPMorgan Chase (JPM)  and other big banks will be at the forefront of attention, The Bank of New York Mellon (BK)  and The Progressive Corporation (PGR)  are two finance stocks that shouldn’t be overlooked.Set to release their Q3 reports on Friday, October 11, let’s see why now is a good time to invest in BNY Melon and Progressive.   BNY Melon’s Consistency ...

The Progressive Corporation (PGR) is expected to report an improvement in its top and bottom lines when it reports third-quarter 2024 results on Oct. 15, before the opening bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for PGR’s third-quarter revenues is pegged at $18.9 billion, indicating 20.4% growth from the year-ago reported figure.The consensus estimate for earnings is pegged at $3.33 per share. The Zacks Consensus Estimate for PGR’s third-qu ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

The S&P 500 and the Nasdaq climbed through mid-day Tuesday to recover some of Monday’s drop. Wall Street is waiting for September’s inflation data later this week and the unofficial start of third-quarter earnings season on Friday morning.See the Zacks Earnings Calendar to stay ahead of market-making news. There could be more volatility as Wall Street waits for what’s next between Israel and Iran. Meanwhile, the Tech and Finance sectors are the only two of the 16 Zacks sectors enjoying positive estimate rev ...