The Progressive Corporation (PGR) reported that its fourth quarter net income declined to $962.3 million from $1.68 billion prior year. Earnings per share was $1.63 compared to $2.85. Net premiums written was $10.75 billion, up 13% from prior year.

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The Progressive Corporation (PGR) reported that its fourth quarter net income declined to $962.3 million from $1.68 billion prior year. Earnings per share was $1.63 compared to $2.85. Net premiums written was $10.75 billion, up 13% from prior year.

RTTNews | Jan 26, 2022 08:44AM EST

08:44 Wednesday, January 26, 2022 (RTTNews.com) - The Progressive Corporation (PGR) reported that its fourth quarter net income declined to $962.3 million from $1.68 billion prior year. Earnings per share was $1.63 compared to $2.85. Net premiums written was $10.75 billion, up 13% from prior year.

For the month of December, net income was $393.3 million or $0.67 per share compared to $706.0 million or $1.20 per share, last year. Net premiums written were $3.11 billion, an increase of 12%.

The company plans to release January results on February 16, 2022.

Read the original article on RTTNews ( https://www.rttnews.com/3257433/progressive-corp-q4-net-income-declines-quick-facts.aspx)

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