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Progressive: Q3 Earnings Snapshot

Summary by Washington Top News
MAYFIELD VILLAGE, Ohio (AP) — MAYFIELD VILLAGE, Ohio (AP) — Progressive Corp. (PGR) on Tuesday reported third-quarter profit of $2.33 billion. On a per-share basis, the Mayfield Village, Ohio-based company said it had profit of $3.97. Earnings, adjusted for investment gains, came to $3.58 per share. The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $3.40 p…
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