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Progressive (PGR) Q3 Earnings Top Estimates, Premiums Up Y/Y
The Progressive Corporation’s PGR third-quarter 2020 earnings per share of $1.87 beat the Zacks Consensus Estimate of $1.69. Moreover, the bottom line increased 31.7% from the year-ago quarter.
Behind the Headlines
Net premiums written were $11.1 billion in the quarter, up 14% from $9.6 billion a year ago. Net premiums earned grew 11% to nearly $10 billion.
Net realized gains on securities were $532.6 million, marking a nearly eight-fold increase year over year.
...
https://finance.yahoo.com/news/progressi...01113.html
![[Bild: PGRc1dl1620.png]](https://finviz.com/publish/101620/PGRc1dl1620.png)
The Progressive Corporation’s PGR third-quarter 2020 earnings per share of $1.87 beat the Zacks Consensus Estimate of $1.69. Moreover, the bottom line increased 31.7% from the year-ago quarter.
Behind the Headlines
Net premiums written were $11.1 billion in the quarter, up 14% from $9.6 billion a year ago. Net premiums earned grew 11% to nearly $10 billion.
Net realized gains on securities were $532.6 million, marking a nearly eight-fold increase year over year.
...
https://finance.yahoo.com/news/progressi...01113.html
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