Progressive Q3 Adj. EPS $4.60 Beats $4.36 Estimate, Sales $21.869B Miss $22.495B Estimate

Progressive (NYSE:PGR) reported quarterly earnings of $4.60 per share which beat the analyst consensus estimate of $4.36 by 5.5 percent. This is a 13.3 percent increase over earnings of $4.06 per share from the same period last year. The company reported quarterly sales of $21.869 billion which missed the analyst consensus estimate of $22.495 billion by 2.78 percent. This is a 4.89 percent increase over sales of $20.849 billion the same period last year.