Progressive Corp. (PGR) Reports 82% Increase in Feb. Net Income
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Price: $214.02 +0.48%
Revenue Growth %: -100.0%
Financial Fact:
Dividends declared per share: 0
Today's EPS Names:
SFST, VLTO, CLIR, More
Revenue Growth %: -100.0%
Financial Fact:
Dividends declared per share: 0
Today's EPS Names:
SFST, VLTO, CLIR, More
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Progressive Corp. (NYSE: PGR) reported the following results for February 2015:
| (millions, except per share amounts and ratios; unaudited) | February | February | Change | |||||
| 2015 | 2014 | |||||||
| Net premiums written | $ | 1,686.9 | $ | 1,538.7 | 10 % | |||
| Net premiums earned | $ | 1,438.9 | $ | 1,352.9 | 6 % | |||
| Net income | $ | 85.5 | $ | 47.0 | 82 % | |||
| Per share | $ | 0.14 | $ | 0.08 | 84 % | |||
| Total pretax net realized gains (losses) on securities | ||||||||
| (including net impairment losses) | $ | 30.4 | $ | 5.7 | 433 % | |||
| Combined ratio | 94.8 | 97.2 | (2.4) pts. | |||||
| Average diluted equivalent shares | 591.4 | 597.6 | (1) % | |||||
| (thousands; unaudited) | February | February | ||||||
| 2015 | 2014 | Change | ||||||
| Policies in Force: | ||||||||
| Agency - auto | 4,758.2 | 4,860.2 | (2) % | |||||
| Direct - auto | 4,635.4 | 4,299.4 | 8 % | |||||
| Total personal auto | 9,393.6 | 9,159.6 | 3 % | |||||
| Total special lines | 4,026.4 | 3,977.5 | 1 % | |||||
| Total Personal Lines | 13,420.0 | 13,137.1 | 2 % | |||||
| Total Commercial Lines | 517.9 | 508.0 | 2 % | |||||
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