Progressive Beats Earnings and Revenue Estimates

Progressive Beats Earnings Estimates, Reports Strong Fourth Quarter Results

Progressive, the insurance giant, announced its fourth quarter earnings on Thursday, surpassing analyst expectations. The company reported earnings per share (EPS) of $3.37, which was $0.94 higher than the estimated EPS of $2.43. Additionally, Progressive’s revenue for the quarter came in at $15.77 billion, exceeding the consensus estimate of $14.9 billion.