Progressive (PGR) Q1 2026 (USD): EPS 4.80 (exp. 4.82), Net premiums written 23.6bln (exp. 23bln)
Progressive's Q1 2026 results showed an EPS slightly below expectations, indicating potential concerns on profitability, while net premiums written exceeded forecasts, suggesting robust business activity.
Canadian Wholesale Sales MoM Final (Feb) M/M 2.0% vs. Exp. 2.3% (Prev. -1%, Low. 2.3%, High. 2.5%)
US Import Prices YoY (Mar) Y/Y 2.1% (Prev. 1.3%)
Progressive (PGR) Q1 2026 (USD): EPS 4.80 (exp. 4.82), Net premiums written 23.6bln (exp. 23bln)
Drone targets Iranian Kurdish opposition camp in Iraq's Erbil, according to reports
US Treasury Secretary Bessent says he understand if the Fed needs to wait on rate cuts; eventually Fed will cut more
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The market might react to the earnings miss as a signal to reassess the company’s growth trajectory, especially in a competitive insurance landscape. This mixed performance could have implications for investor sentiment and peer comparisons within the property and casualty sector.
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