The third quarter financial results of The Progressive Corporation (NYSE: PGR) will be unveiled on Tuesday 15th October 2024. This eagerly awaited announcement is scheduled to occur before market open.
Wall Street financial analysts are foreseeing that the concern is likely to announce an estimated per share $3.66 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $19.05 billion during the quarter.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $74.55 billion. Additionally, they forecast the earnings per share to hit profit of $13.27 for the fiscal year.
The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share income of $2.09. Additionally, the company achieved a total revenue of $14.89 billion during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.65 | +562.5% | 17.21 B | +19.0% |
| Q1 2024 | $3.73 | +473.8% | 16.15 B | +19.3% |
| Q4 2023 | $2.96 | +97.3% | 15.77 B | +22.3% |
| Q3 2023 | $2.09 | +301.9% | 14.89 B | +20.1% |
| Q2 2023 | $0.40 | -63.0% | 14.46 B | +19.1% |
| *Growth on year-over-year basis | ||||
Progressive (PGR) shares experienced a range of $251.47 to $254.17 on a day volume of 1.64 million shares. The stock closed Friday's regular trading session at $254.09, marking a 0.92 percent increase.
