Progressive Corp <> expected to post earnings of $3.50 a share - Earnings Preview

Reuters
2025.05.19 11:01
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Progressive Corp is expected to report earnings of $3.50 per share and a revenue increase of 18.5% to $21.206 billion for the quarter ending June 30, 2025. The average analyst rating is "buy," with a median 12-month price target of $301.50, above the last closing price of $286.03. Recent earnings estimates have risen by 27.7% in the last three months. Previous quarterly performances show mixed results, with some earnings beats and misses.

  • Progressive Corp PGR.N, PGR is expected to show a rise in quarterly revenue when it reports results on May 21 for the period ending June 30 2025

  • The Village Of Mayfield Ohio-based company is expected to report a 18.5% increase in revenue to $21.206 billion from $17.9 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Progressive Corp is for earnings of $3.50 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts had risen by about 27.7% in the last three months. ​

  • Wall Street's median 12-month price target for Progressive Corp is $301.50​, above​ its last closing price of $286.03. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Mar. 31 2025

4.87

4.79

4.65

Missed

-3

Dec. 31 2025

3.58

3.58

4.08

Beat

13.9

Sep. 30 2024

3.61

3.67

3.59

Missed

-2.3​

Jun. 30 2024

1.99

2.02

2.65

Beat

31.5

​​Mar. 31 2024

3.27

3.21

3.73

Beat

16.2

Dec. 31 2023

2.43

2.43

2.97

Beat

22.3​

Sep. 30 2023

1.75

1.72

2.09

Beat

21.7

Jun. 30 2023

0.81

0.87

0.40

Missed

-53.8

This summary was machine generated May 19 at 11:01 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)