FONT-SIZE Plus   Neg

Earnings Watch For April 11 (PGR, APOG)

Progressive Corp. (PGR) is due to post quarterly results. For the first quarter, earnings are expected to decline to $0.39 per share from $0.45 per share in the prior year. Besides, for the quarter, the auto insurance group is anticipated to generate revenues of $4.11 billion, higher than last year's $3.90 billion. PGR closed Tuesday's session at $22.75. (The stock rose almost 21% in Q1; MA(50)- $21.98; MA(100)- $20.54; 52-wk H/L $23.41/$16.88)

Apogee Enterprises, Inc. (APOG) is scheduled to report results for the fourth quarter. The company is expected to report earnings of $0.06 per share compared to the loss of $0.12 per share last year, on revenues of $166.51 million. The shares closed trade on Tuesday at $13.01. (The stock up about 6% in Q4; MA(50)- $13.59; MA(100)- $12.77; 52-wk H/L $15.05/$7.79)

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Apple confirmed that it has bought face animation software firm Faceshift, although it was tight lipped about how it intends to use the new addition. The move is speculated as a bid to expand into virtual reality. Environment ministry of South Korea Thursday ordered Volkswagen Korea to recall 125,522 diesel vehicles on determining actual emissions of nitrogen oxides. The ministry has asked the German automobile maker to pay a fine of 14.1 billion Won or $12.31 million. The company has to submit a recall plan by January 6, 2016. The U.S. Food and Drug Administration has alerted health care professionals and patients of a voluntary recall of compounded multivitamin capsules containing high amounts of Vitamin D3 (Cholecalciferol), distributed nationwide by Glades Drugs in Pahokee, Florida. FDA has received reports of several...
comments powered by Disqus
Trade PGR now with 
Follow RTT