Insurer Progressive Corp. (PGR) reported that May net income declined 7 percent to $341.1 million or $0.58 per share from $366.9 million or $0.62 per share in the prior-year month.

Create Account

Dark

chart

exchange

Check out our Level2View

Insurer Progressive Corp. (PGR) reported that May net income declined 7 percent to $341.1 million or $0.58 per share from $366.9 million or $0.62 per share in the prior-year month.

RTTNews | Jun 16, 2021 08:30AM EDT

08:30 Wednesday, June 16, 2021 (RTTNews.com) - Insurer Progressive Corp. (PGR) reported that May net income declined 7 percent to $341.1 million or $0.58 per share from $366.9 million or $0.62 per share in the prior-year month.

Meanwhile, net premiums written for the month grew 7 percent to $3.40 billion from $3.17 billion last year. Net premiums earned also increased 13 percent to $3.39 billion from last year's $2.99 billion.

Read the original article on RTTNews ( https://www.rttnews.com/3202802/progressive-corp-may-profit-down-7-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved