Progressive (PGR) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Progressive reported revenue of $20.33 billion for the quarter ended December 2024, marking a 22.6% increase year-over-year [1] - The company's EPS was$ 4.08, up from $2.96 in the same quarter last year, exceeding the consensus estimate of$ 3.43 by 18.95% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $19.82 billion, resulting in a surprise of 2.55% [1] Financial Performance Metrics - The combined ratio for the company was 87.9%, better than the estimated 89.8% by analysts [4] - Total personal lines policies in force reached 33.81 million, exceeding the average estimate of 30.38 million [4] - Net premiums earned were$ 19.14 billion, surpassing the estimated $18.66 billion, reflecting a 21.4% increase compared to the previous year [4] Stock Performance - Progressive's shares returned 2.3% over the past month, outperforming the Zacks S&P 500 composite's 1.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]