Progressive Corporation ($PGR) reported its fourth-quarter earnings for 2024, revealing an earnings per share (EPS) of $4.01, surpassing the expected EPS of $3.58. The company also reported net premiums written of $18.11 billion, matching estimates, and net premiums earned of $19.14 billion, exceeding the expected $18.75 billion. Year-over-year, the EPS increased from $3.37, while the revenue of $19.14 billion represented a 21.37% increase compared to the previous year. The results beat revenue expectations by $704 million and the EPS exceeded estimates by $0.52.