Progressive (NYSE:PGR) reported its Q4 earnings results on Wednesday, January 26, 2022 at 08:15 AM.
Here's what investors need to know about the announcement.
Earnings
Progressive beat estimated earnings by 5.0%, reporting an EPS of $1.05 versus an estimate of $1.0, which did not surprise analysts.
Revenue was up $1.39 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.07, which was followed by a 1.38% increase in the share price the next day.
Here's a look at Progressive's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.21 | 1.08 | 1.40 | 1.66 |
| EPS Actual | 0.14 | 0.72 | 1.73 | 1.57 |
| Revenue Estimate | 12.32B | 11.52B | 11.23B | 10.32B |
| Revenue Actual | 11.37B | 10.98B | 10.42B | 10.21B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
