Progressive gaps up on Q3 earnings beat

Tuesday, October 16, 2018 10:31 AM | Michael Fowlkes

Morning News Leader

The Progressive Corporation (PGR) is up 4.0% Tuesday morning. The company reported third-quarter earnings of $1.57 per share, easily topping the $1.18 forecast. Progressive announced that net premiums written in the quarter of $8.6 billion, up 20% and better than the $8.41 billion analysts expected.

The Progressive Corporation (PGR) is an insurance provider.

Prologis, Inc. (PLD) and Adobe Inc. (ADBE) top the list of other companies with positive news today, while BlackRock, Inc. (BLK) and Comerica Incorporated (CMA) top the list of companies with negative news.

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