Progressive Corp. Announces Decline In Q1 Profit

WASHINGTON (dpa-AFX) - Progressive Corp. (PGR) revealed a profit for first quarter that decreased from last year.

The company's earnings totaled $692.7 million, or $1.17 per share. This compares with $1078.4 million, or $1.83 per share, in last year's first quarter.

Progressive Corp. earnings at a glance:

-Earnings (Q1): $692.7 Mln. vs. $1078.4 Mln. last year. -EPS (Q1): $1.17 vs. $1.83 last year.

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