Progressive Nov. Net Premiums Written $4.7251B, Net Income Per Share Available To Common Shareholders $1.15
Portfolio Pulse from Benzinga Newsdesk
Progressive Corporation reported its November figures with net premiums written at $4.7251 billion and net income per share available to common shareholders at $1.15.
December 15, 2023 | 2:05 pm
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Progressive Corporation disclosed its November earnings with a substantial $4.7251 billion in net premiums and a net income per share of $1.15.
The reported net premiums written indicate a strong revenue stream, and the net income per share suggests profitability, both of which are positive indicators for investors. This financial update is likely to instill confidence in the company's performance, potentially leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100