Progressive Corporation has been trending on Zacks.com and its shares have returned 16.5% over the past month, outperforming the S&P 500's 1.4% decline. The Zacks Insurance - Property and Casualty industry gained 8.2% in the same period. For the current quarter, the consensus earnings estimate is $4.55 per share, down 6.8% year-over-year, but the estimate has risen 0.8% over the last 30 days. The current fiscal year estimate of $17.12 per share, a 6.2% decline, has increased 4.8% in the past month, while the next fiscal year estimate of $16.50, down 3.6%, has risen 1.2%. Progressive reported revenues of $22.31 billion in its last quarter, an 8.2% increase, with EPS of $4.96 beating the consensus by 2.48%. The stock carries a Zacks Rank #3, or Hold, and a Value Style Score of B, indicating it trades at a discount to peers.
Progressive CorpMixed earnings revisions and a Hold rating with no clear positive or negative catalyst.