Progressive Surpasses Q4 Expectations

The insurance company beat on the top and bottom lines, and showed revenue growth in key segments.Progressive (PGR 0.70%), known for its significant presence in the auto insurance industry, released its fourth-quarter results on Jan. 29. The company reported diluted earnings per share (EPS) of $4.01, which exceeded analysts' consensus expectations of $3.57. Revenue stood at $19.144 billion, likewise surpassing the estimated $18.297 billion. MetricQ4 2024Q4 2024 Analysts' EstimateQ4 2023% ChangeEPS (diluted) ...