Progressive Corp (PGR) reported disappointing financial results for the third quarter of fiscal 2025. The company's earnings per share (EPS) came in at $4.05, falling short of Wall Street's consensus estimate of $5.09 by $1.04. Revenue also missed expectations, totaling $21.4 billion compared to the anticipated $22.0 billion.
This update provides insight into Progressive's recent operational performance and financial health. Missing analyst expectations could reflect challenges in the business or broader market conditions. The company operates in the insurance industry, providing personal and commercial auto insurance, residential property insurance, and specialty property-casualty insurance. Headquartered in Village of Mayfield, Ohio, Progressive employs approximately 66,300 full-time staff.
The company will host an earnings conference call at BMO to discuss these results further and provide additional commentary on business performance. Investors should review the full earnings release and listen to management's commentary for complete context on the quarter's performance and future outlook.
Looking ahead, Progressive is set to report its next earnings on August 2, 2026, with an EPS estimate of 3.9132 and revenue forecast of $22.8 billion.