Progressive: Q2 Earnings Insights

Progressive PGR reported its Q2 earnings results on Friday, July 15, 2022 at 08:25 AM.

Here's what investors need to know about the announcement.

Progressive beat estimated earnings by 17.02%, reporting an EPS of $1.1 versus an estimate of $0.94.

Revenue was up $1.17 billion from the same period last year.

Last quarter the company missed on EPS by $0.13 which was followed by a 1.58% drop in the share price the next day.

Here's a look at Progressive's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	1.24	1	0.21	1.08
EPS Actual	1.11	1.05	0.14	0.72
Revenue Estimate	13.33B	10.77B	12.32B	11.52B
Revenue Actual	11.80B	11.60B	11.37B	10.98B

To track all earnings releases for Progressive visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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