Progressive Corp. (PGR) reported that its net income for the month of December was $118.3 million or $0.18 per share, compared to a loss of $123.2 million or $0.18 per share in the same month last year.
Net premiums written for the month was $1.16 billion, up 28% from $905.7 million in the year ago month. Net premiums earned for the month were $1.33 billion, up 27% from $1.05 billion in the year ago month.
Progressive reported that its net income for the fourth-quarter was $305.0 million or $0.46 per share, up from $159.3 million or $0.24 per share in the same quarter of the prior year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.37 per share for the fourth-quarter . Analysts' estimates typically exclude special items.
Net premiums written was $3.40 billion, up 10% from $3.09 billion in the year ago quarter. Net premiums earned were $3.72 billion, up 9% from $3.41 billion last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.