Market News AIOpen the app

After Q3 results, analysts cut their predictions for Progressive.

ResultsRead the original at Benzinga
Neutral

Progressive beat analysts' profit-per-share estimate but missed their sales estimate. Both analysts cut their price targets, so the mixed results do not point clearly one way.

PGR · Progressive Corp

AI read · Neutral

The AI's read

The profit result gives a positive sign, but sales came in below estimates. Both analysts lowered their price targets, even though one kept a favorable rating. These signals point in different directions, so the report does not clearly change Progressive's outlook.

Get alerts for PGR

Follow Progressive Corp (PGR) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for PGR
Free on the App Store and Google Play, or on the web.