Progressive (PGR) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2024, Progressive (PGR) reported revenue of $17.09 billion, up 20.1% over the same period last year. EPS came in at $3.73, compared to $0.65 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $16.61 billion, representing a surprise of +2.84%. The company delivered an EPS surprise of +16.56%, with the consensus EPS estimate being $3.20.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...