Shares of insurance company The Progressive Corporation (PGR) are climbing more than 7% Friday morning after reporting improved quarterly results.
The company reported net income of $1.121 billion or $1.89 per share for the third quarter, significantly higher than 124.1 million or $0.20 per share in the same quarter a year ago.
Net premium earned increased to $14.894 billion from $12.399 billion last year.
PGR is at $153.99 currently. It has traded in the range of $111.41 - $155.38 in the last 1 year.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.