Progressive Earnings Beat Streak May Continue with Positive ESP

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Progressive has consistently beaten earnings estimates and may do so again in its next report. The insurer posted an average earnings surprise of 3.83% over the past two quarters, with the most recent quarter delivering $4.96 per share against a consensus of $4.84. The stock currently holds a Zacks Rank #3 and a positive Earnings ESP of +5.49%, a combination that historically produces a positive surprise nearly 70% of the time.

Impact on stocks 1

Financials · 1 stocks
Progressive Corp
PGR
▲ PositiveCapitalrelevance

Progressive has a positive Earnings ESP of +5.49% and a history of beating estimates, suggesting likely earnings beat.