The Progressive Corporation (PGR) Q2 2012 Earnings Results

Progressive Corp OH Misses on EPS — Stock Down 5.35%

The earnings report indicates that Progressive Corp OH faced difficulties, particularly reflected in their lower-than-expected EPS. The stock dropped 5.35% in response to these results, as investors reacted to the disappointing earnings performance and lack of guidance. The company's focus on cost control may help in the future, but current market challenges remain a concern.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.19	N/A	-27.20%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Overall, management expressed concerns about external pressures affecting performance. They are prioritizing internal measures to stabilize results.

Management acknowledged challenges in the current market environment.

They emphasized a focus on cost control and operational efficiency.

Progressive Corp OH Misses on EPS — Stock Down 5.35%

Key numbers

Management commentary

The Progressive Corporation

More earnings this week

Progressive Corp OH Misses on EPS — Stock Down 5.35%

Key numbers

Management commentary