Progressive (PGR) expected to beat earnings estimates again with positive trends

From Nasdaq: 2025-01-01 12:10:15

Progressive (PGR) has been consistently beating earnings estimates, with an average surprise of 19.23% in the last two quarters. Recent estimates have been moving higher, with a positive Earnings ESP of +4.46%. Combine this with a Zacks Rank #2 (Buy), and another earnings beat could be on the horizon.

Looking for a stock with explosive upside potential? Director of Research Sheraz Mian has named a company targeting millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter. A recent pullback makes it an ideal time to jump aboard for potential gains similar to previous Zacks’ picks like Nano-X Imaging.

Remember, a negative Earnings ESP does not guarantee an earnings miss. Check a company’s Earnings ESP before its quarterly release to increase success odds. Utilize the Earnings ESP Filter to uncover the best stocks to buy or sell before they report earnings. This information could be crucial for maximizing investment returns.



Read more at Nasdaq: Will Progressive (PGR) Beat Estimates Again in Its Next Earnings Report?