Benzinga | Oct 14, 2021 08:15AM EDT

Progressive Q3 EPS $0.19 Misses $0.21 Estimate, Sales $11.36B Miss $12.32B Estimate

Progressive (NYSE:PGR) reported quarterly earnings of $0.19 per share which missed the analyst consensus estimate of $0.21 by 9.52 percent. This is a 89.89 percent decrease over earnings of $1.88 per share from the same period last year. The company reported quarterly sales of $11.36 billion which missed the analyst consensus estimate of $12.32 billion by 7.76 percent. This is a 13.94 percent increase over sales of $9.97 billion the same period last year.