Investing in the stock market is a great way to build long-term wealth. Key to this is saving consistently and investing in a diverse portfolio of stocks that can help you harness the power of long-term compound returns.
Insurance sector mainstay Progressive (PGR -5.84%) wasn't feeling like a safe investment on Wednesday. Investors sold out of the stock to leave it with a nearly 6% price decline on the day, following the company's latest quarterly earnings release.
Shares of a large grain processor took off as cooking oil became the latest sticking point in the strained trade relationship between the U.S. and China. A number of major financial firms benefitted from strong earnings reports, though soft quarterly results dragged down shares of an insurance giant.
Progressive Corp (NYSE:PGR) shares fell nearly 8% to $221.97 in late-morning trading on Wednesday after the insurance company reported third quarter 2025 earnings that fell short of Wall Street expectations. Progressive's earnings per share for the quarter came in at $4.45, up from $3.97 a year earlier but missed the analyst consensus estimate by $0.85.
The Progressive Corporation reported a significant Q3 earnings miss due to a $950 million one-time Florida policyholder credit, despite solid underlying fundamentals. The Florida charge, driven by statutory profit caps, amplifies concerns that PGR's underwriting margins have peaked and may face further pressure from increased competition. PGR continues to grow policy count and maintain strong u...
MAYFIELD VILLAGE, OHIO, Oct. 15, 2025 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended September 30, 2025:
Investing in the stock market is an excellent way to start building life-changing wealth. The path requires patience, discipline, and a long-term outlook.
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