Progressive’s Third-Quarter Earnings Highlights
Auto insurance provider Progressive (PGR) filed an 8-K today, along with its unaudited financials for the period ended September 30, 2019.
How Harvey Affected Kansas City Southern
Kansas City Southern’s network Kansas City Southern’s (KSU) US subsidiary caters to ten US states in the Midwest and Southeast. It also runs a rail route between Kansas City, Missouri, and multiple ports along the Gulf of Mexico in Texas, Louisiana, Alabama, and Mississippi. Among the major US Class I railroads, Kansas City remains hugely […]
What Else Could Make This an Expensive Year for Insurance Giants?
US insurance giants (IYF) are expected to witness costs in the range of $20 billion–$65 billion stemming from the effects Hurricane Irma.
The Top Dividend-Growing Financial Sector Stocks
Mercury General (MCY) has consistently recorded revenue growth since fiscal 2011, except for a minor decline in fiscal 2015
The December FOMC Meeting: 3 Possible Scenarios
The FOMC meets on December 15–16 to decide whether a rate hike takes place in 2015 or not.
A Scenario Analysis: What if the Federal Reserve Were To…
Policymakers from the Fed will meet a little over a month from now. The Treasuries yield curve would be directly impacted by any tinkering with interest rates.
How Progressive Commands Premium Valuations on Higher Margins
Progressive (PGR) reported 3Q15 earnings per share of $0.47, a 6% decrease over the third quarter of 2015.
Why Progressive’s Stock Price Rose on 3Q15 Earnings
Progressive (PGR) reported its third-quarter earnings on October 16. It reported net income of $278 million for the quarter, down 6%.
Progressive Stock Advances on 2Q15 Earnings
Progressive Corporation (PGR) reported its second-quarter earnings on July 17. The firm reported net income of $363 million and revenues of $5.25 billion, up by 13.4% over 2Q14.