RTTNews | Oct 14, 2020 08:37AM EDT

08:37 Wednesday, October 14, 2020 (RTTNews.com) - Progressive Corp. (PGR) announced earnings for its third quarter that increased from the same period last year.

The company's profit came in at $1.53 billion, or $2.59 per share. This compares with $0.84 billion, or $1.42 per share, in last year's third quarter.

The company's revenue for the quarter rose 14.4% to $11.01 billion from $9.62 billion last year.

Progressive Corp. earnings at a glance:

-Earnings (Q3): $1.53 Bln. vs. $0.84 Bln. last year.-EPS (Q3): $2.59 vs. $1.42 last year.-Revenue (Q3): $11.01 Bln vs. $9.62 Bln last year.

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