Connect with us

Hi, what are you looking for?

Top Stories


Progressive Earnings Beat, Revenue Misses In Q1

imageStock Markets13 hours ago (Apr 15, 2020 02:07PM ET)

(C) Reuters. Progressive Earnings Beat, Revenue Misses In Q1 – Progressive (NYSE:PGR) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.

Progressive announced earnings per share of $1.92 on revenue of $9.87B. Analysts polled by anticipated EPS of $1.53 on revenue of $10.1B. That with comparison to EPS of $1.34 on revenue of $9.24B in the same period a year before. Progressive had reported EPS of $1.81 on revenue of $9.9B in the previous quarter. Analysts are expecting EPS of $1.55 and revenue of $9.95B in the upcoming quarter.

Progressive shares are up 9.46% from the beginning of the year , still down 6.73% from its 52 week high of $84.96 set on July 15, 2019. They are outperforming the S&P 500 which is down 14.19% year to date.

Progressive shares lost 1.52% in intra-day trade following the report.

Progressive’s report follows an earnings missed by JPMorgan on Tuesday, who reported EPS of $0.78 on revenue of $29.07B, compared to forecasts EPS of $2.28 on revenue of $29.53B.

UnitedHealth had beat expectations on Wednesday with first quarter EPS of $3.72 on revenue of $64.42B, compared to forecast for EPS of $3.63 on revenue of $64.18B.

Stay up-to-date on all of the upcoming earnings reports by visiting’s earnings calendar

Progressive Earnings Beat, Revenue Misses In Q1

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Top News

Nikola, an electric truck startup, saw its stock price fly high as it went public and announced a deal with General Motors. A damning...


Stock Markets8 minutes ago (Jul 31, 2020 07:50PM ET) (C) Reuters. FILE PHOTO: James Murdoch, the son of media mogul Rupert Murdoch, and his...

Editor's Pick

TikTok is one of the most rapidly growing platform. People across all the spectrum of age, gender, communities are joining the platform to...

Top News

SEC probing Nikola Motors over short-seller claims of fraud – Business Insider Business Insider logoThe words “Business Insider”. 2020-09-14T23:20:04Z Massimo Pinca/Reuters The Securities and...

Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 Secrets Of Richdads. All Rights Reserved.

    Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!