Progressive's January Earnings Improve On Higher Premiums
Zacks Investment Research | Feb 15, 2018 09:48PM ET
The Progressive Corporation (NYSE:PGR) reported earnings per share of 52 cents for January 2018, soaring 73% year over year. Moreover, the bottom line is driven by an improved top line.
Year to date, Progressive’s shares have gained 3%, outperforming the .
NMI Holdings provides private mortgage guaranty insurance services in the United States. The company’s average four-quarter positive surprise is 11.72% and it carries a Zacks Rank of 1. Shares have risen 11.8% year to date, outperforming the industry’s increase.
CNA Financial provides commercial property and casualty insurance products, primarily in the United States. The company delivered an average four-quarter beat of 46.88%. Shares of the company have inched up 0.6% year to date. The stock has a Zacks Rank of 2.
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