Progressive Reports Stronger-Than-Expected Q2 Earnings But Shares Decline on Margin Concerns

Progressive Corp (PGR) reported second-quarter earnings of $5.67 per share, exceeding estimates and driven by premium growth and investment gains. However, shares fell in premarket trading due to concerns over weaker underwriting margins as the combined ratio increased year-over-year.

By Fiona Craig Wed, July 15, 2026 at 4:48 PM GMT+3 2 min read · Yahoo Finance · July 15, 2026, 13:48 UTC

Tickers: $PGR

Topics: insurance premium growth underwriting margins

Read the full article at Yahoo Finance

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