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Will Progressive (PGR) Stock Be Helped by Q3 Earnings Beat?

NEW YORK (TheStreet) -- Progressive (PGR) reported better-than-expected 2016 fiscal third-quarter earnings before today's opening bell.

Progressive posted earnings of 34 cents per share, surpassing analysts' estimates by a penny.

Revenue came in at $6.05 billion, falling short of Wall Street's projected $6.09 billion.

For the same period last year, the Mayfield Village, OH-based insurance holding company earned 49 cents per share on $5.41 billion in revenue.

September 2016 premiums earned $1.78 billion vs. $1.58 billion last year...


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