For the quarter ended March 2025, Progressive (PGR) reported income of $20.62 billion, up 20.7% over the identical interval final 12 months. EPS got here in at $4.65, in comparison with $3.73 within the year-ago quarter.
The reported income represents a shock of +1.24% over the Zacks Consensus Estimate of $20.37 billion. With the consensus EPS estimate being $4.72, the EPS shock was -1.48%.
Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher undertaking a inventory’s worth efficiency.
Right here is how Progressive carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Companywide Complete – Expense ratio: 20.2% versus 20.4% estimated by seven analysts on common.
- Companywide Complete – Mixed ratio: 86% in comparison with the 86.3% common estimate based mostly on seven analysts.
- Companywide Complete – Loss/LAE ratio: 65.8% in comparison with the 65.4% common estimate based mostly on seven analysts.
- Property Enterprise – Mixed ratio: 87.2% versus 89.1% estimated by six analysts on common.
- Service revenues: $111 million in comparison with the $107.08 million common estimate based mostly on seven analysts. The reported quantity represents a change of +31.8% 12 months over 12 months.
- Web premiums earned: $19.41 billion versus $19.17 billion estimated by seven analysts on common. In comparison with the year-ago quarter, this quantity represents a +20.2% change.
- Funding revenue: $814 million versus $794.73 million estimated by seven analysts on common. In comparison with the year-ago quarter, this quantity represents a +31.8% change.
- Charges and different revenues: $287 million versus the six-analyst common estimate of $291.13 million. The reported quantity represents a year-over-year change of +21.4%.
- Web premiums earned- Private Traces- Direct: $8.91 billion versus $8.75 billion estimated by six analysts on common. In comparison with the year-ago quarter, this quantity represents a +26.9% change.
- Web premiums earned- Business Traces: $2.70 billion in comparison with the $2.67 billion common estimate based mostly on six analysts. The reported quantity represents a change of +5.5% 12 months over 12 months.
- Web premiums earned- Private Traces- Company: $7.03 billion versus the six-analyst common estimate of $6.93 billion. The reported quantity represents a year-over-year change of +19.9%.
- Web premiums earned- Private strains: $16.71 billion versus the six-analyst common estimate of $15.68 billion. The reported quantity represents a year-over-year change of +29.8%.
View all Key Company Metrics for Progressive here>>>
Shares of Progressive have returned -2.5% over the previous month versus the Zacks S&P 500 composite’s -4.2% change. The inventory at present has a Zacks Rank #2 (Purchase), indicating that it may outperform the broader market within the close to time period.
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
