PGR · News · 20260823N
Revenue Performance and Mix
PROGRESSIVE CORP/OH/ · 2026-08-23 · Importance 37 · Surprise 6 · In source text
Progressive reported second-quarter earnings of $5.67 per share, exceeding analyst expectations. Quarterly revenue was $23.61 billion, also above consensus estimates. The earnings report was described as reflecting improved operating fundamentals and attracted institutional buying during the second quarter.
Key facts
- Progressive reported revenue of $23.61 billion for the quarter. source
- Danske Bank A S acquired 4,741 shares of The Progressive Corporation in the second quarter, valued at approximately $1,036,000. source
- Bank of Nova Scotia acquired 347,340 shares of The Progressive Corporation in the second quarter, valued at approximately $76.3 million. source
- Korea Investment CORP purchased 255,126 shares of The Progressive Corporation during the second quarter, valued at approximately $55.73 million. source
- Westpac Banking Corp acquired a new stake of 6,761 shares in The Progressive Corporation, valued at approximately $1.48 million. source
- Progressive reported quarterly earnings (EPS) of $5.67 per share. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Progressive reported revenue of $23.61 billion for the quarter. |