Progressive (PGR) Q4 Earnings and Revenues Surpass Estimates

Progressive (PGR) came out with quarterly earnings of $4.08 per share, beating the Zacks Consensus Estimate of $3.43 per share. This compares to earnings of $2.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.95%. A quarter ago, it was expected that this insurer would post earnings of $3.40 per share when it actually produced earnings of $3.58, delivering a surprise of 5.29%.Over the last four quarters, the company has su ...