PGR Earnings

PGR reported its earnings on 2026-01-28, showcasing a revenue of 22.75B against an estimate of 21.94B, resulting in a 3.67% surprise. The EPS was 4.67, surpassing the expected 4.44 by 5.18%. The stock experienced a 2.24% price change on the earnings day and a -2.42% change over the next five days, reflecting market reactions to the results.

Following PGR's earnings announcement on 2026-01-28, the stock price moved by 2.24% on the day of the release. Over the subsequent five days, it saw a -2.42% change. Historically, PGR's stock price tends to shift by an average of 0.42% in the 10 days leading up to earnings and 1.2% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate PGR's annual revenue to reach 23.91B, while the EPS is projected at 4.41. These estimates reflect recent revisions, with revenue estimates revised upward by 0.1% and EPS estimates revised upward by 0.31% over the past three months, indicating analyst expectation in the company's performance.

The correlation between PGR's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were revised upward by 0.1%, while EPS estimates moved revised upward by 0.31%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, PGR's stock price typically moves by 0.42% in the 10 days before its earnings and 1.2% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 4.41 and revenue of 23.91B.

Progressive's earnings call highlights strong financial metrics, including a 40% ROE, high profitability, and a comprehensive income of nearly $13 billion. Market share growth and robust investment returns further support a positive outlook. Despite uncertainties in AI and frequency trends, management's proactive strategies in Florida and AI investments are promising. The Q&A section indicates a positive sentiment, with analysts showing interest in Progressive's strategic directions. Given these factors, the stock is likely to experience a strong positive movement, potentially exceeding 8%.