Progressive (PGR) Q4 Earnings and Revenues Top Estimates

分组1 - Progressive reported quarterly earnings of $4.67 per share, exceeding the Zacks Consensus Estimate of $4.44 per share, and up from $4.08 per share a year ago, representing an earnings surprise of +5.10% [1] - The company posted revenues of $22.49 billion for the quarter, surpassing the Zacks Consensus Estimate by 2.50%, and compared to year-ago revenues of $20.33 billion [2] - Progressive has surpassed consensus EPS estimates two times over the last four quarters and topped consensus revenue estimates three times during the same period [2] 分组2 - The stock has underperformed the market, losing about 8.6% since the beginning of the year, while the S&P 500 gained 1.9% [3] - The current consensus EPS estimate for the coming quarter is $4.38 on revenues of $22.61 billion, and for the current fiscal year, it is $16.38 on revenues of $92.77 billion [7] - The Zacks Industry Rank for Insurance - Property and Casualty is currently in the bottom 37% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8]