Progressive Reports May 2024 Results; EPS $0.40; Net Income $235.7M
Author: Benzinga Newsdesk | June 14, 2024 08:18am
The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended May 31, 2024:
| May | |
| (millions, except per share amounts and ratios; unaudited) | 2024 |
| Net premiums written | $ | 5,975.1 |
| Net premiums earned | $ | 5,857.5 |
| Net income | $ | 235.7 |
| Per share available to common shareholders | $ | 0.40 |
| Total pretax net realized gains (losses) on securities | $ | 117.6 |
| Combined ratio – current year | 100.4 | |
| – prior year month | 99.0 | |
| Average diluted equivalent common shares | 587.4 | |
Posted In: PGR
