Stock AnalizProgressive (PGR) earnings for the quarter ended September 2026: EPS beats estimates
Progressive reported results for the quarter ended September 2026 on October 14, 2026. Adjusted earnings per share came in at $4.60 against the analysts’ average forecast of $4.40, a beat of 4.4%.
Revenue for the quarter was $22.30 billion.
The market’s verdict: the stock fell 4.2% on the first trading day after the report.
The last four quarters
Progressive has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $4.60 | $4.40 | +4.4% | — | −4.2% |
| Jun 2026 | $4.85 | $4.84 | +0.3% | +7% | −9.2% |
| Mar 2026 | $4.96 | $4.88 | +1.6% | +9% | +3.5% |
| Dec 2025 | $4.67 | $4.43 | +5.3% | +12% | +0.1% |
What comes next
Analysts expect EPS of $4.09 for the next quarter on average and $18.44 for the fiscal year ending December 31, 2026.
The average analyst price target is $232.38, 1% below the current price of $235.78.
Valuation and score
Progressive scores 3.6 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 11.9, and its intrinsic value under moderate assumptions is about 44% below the current market value. Full Progressive analysis with 10 years of financials
Frequently asked questions
What was Progressive’s EPS for the quarter ended September 2026?
$4.60 adjusted per share, against an analyst consensus of $4.40.
How much revenue did Progressive report?
$22.30 billion.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.