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Progressive's (PGR) April Earnings Rise on Higher Premiums
PGRProgressive(PGR) zacks.com·2024-05-17 01:40

The Progressive Corporation (PGR) reported earnings per share of 72 cents for April 2024, up 118.2% year over year. The improvement stemmed from higher revenues and lower expenses.April Numbers in DetailProgressive recorded net premiums written of 6.2billion,up1.76.2 billion, up 1.7% from 6.1 billion in the year-ago month. Net premiums earned were about 5.6billion,up215.6 billion, up 21% from 5.5 billion reported in the year-ago month.Net realized loss on securities was 266.1millionagainsttheyearagoincomeof266.1 million against the year-ago income of 18.4 million.Comb ...