Progressive Files 8-K on Financial Results & Operations
Ticker: PGR · Form: 8-K · Filed: Jan 24, 2024 · CIK: 80661
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, corporate-filing
TL;DR
**Progressive just dropped an 8-K on its financial results, so expect an update on their performance.**
AI Summary
The Progressive Corporation filed an 8-K on January 24, 2024, to report on its 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits.' This filing indicates that Progressive is providing an update on its financial performance, which is crucial for investors to understand the company's current health and future prospects. For shareholders, this matters because it offers transparency into how the company is performing, directly impacting their investment's value and potential future dividends.
Why It Matters
This filing signals that Progressive is releasing key financial performance data, which is essential for investors to assess the company's profitability and operational efficiency. Understanding these results can influence investment decisions and stock valuation.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results, which is standard for public companies and does not inherently present a high risk.
Analyst Insight
A smart investor would look for the actual financial statements and results that this 8-K refers to, as this filing merely announces their availability. This will provide the necessary data to evaluate Progressive's performance and make informed investment decisions.
Key Numbers
- 440-461-5000 — Business Phone Number (Progressive's primary contact number)
- $1.00 — Par Value per Common Stock (The stated par value of Progressive's common stock)
Key Players & Entities
- THE PROGRESSIVE CORPORATION (company) — the registrant filing the 8-K
- January 24, 2024 (date) — date of earliest event reported and filing date
- Ohio (company) — state of incorporation for Progressive
- 001-09518 (company) — Commission File Number for Progressive
- 34-0963169 (company) — IRS Employer Identification No. for Progressive
Forward-Looking Statements
- Progressive will release detailed financial statements for the period ending January 24, 2024, shortly after this 8-K. (THE PROGRESSIVE CORPORATION) — high confidence, target: 2024-02-24
- Analyst reports will be updated to reflect the new financial condition and operational results. (Financial Analysts) — medium confidence, target: 2024-02-07
FAQ
What is the primary purpose of this 8-K filing by The Progressive Corporation?
The primary purpose of this 8-K filing by The Progressive Corporation is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as of January 24, 2024.
What is the filing date of this 8-K report?
The filing date of this 8-K report is January 24, 2024, which is also the date of the earliest event reported.
Under which SEC Act is this filing made?
This filing is made pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the trading symbol and the exchange where The Progressive Corporation's common stock is registered?
The trading symbol for The Progressive Corporation's Common Stock, $1.00 Par Value, is PGR, and it is registered on the New York Stock Exchange.
What is the business address of The Progressive Corporation as stated in the filing?
The business address of The Progressive Corporation is 6300 Wilson Mills Road, Mayfield Village, Ohio 44143.
Filing Stats: 497 words · 2 min read · ~2 pages · Grade level 12.1 · Accepted 2024-01-24 08:41:13
Key Financial Figures
- $1.00 — ange on which registered Common Stock, $1.00 Par Value PGR New York Stock Exchange
Filing Documents
- pgr-20240124.htm (8-K) — 33KB
- pgr20231231ex99earningsrel.htm (EX-99) — 279KB
- image0a04a01a67.jpg (GRAPHIC) — 98KB
- 0000080661-24-000002.txt ( ) — 593KB
- pgr-20240124.xsd (EX-101.SCH) — 2KB
- pgr-20240124_lab.xml (EX-101.LAB) — 24KB
- pgr-20240124_pre.xml (EX-101.PRE) — 12KB
- pgr-20240124_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 24, 2024, The Progressive Corporation ("the Company") issued a news release containing financial results for the Company and its consolidated subsidiaries for the month of, and year ended, December 2023 and selected quarterly financial results. A copy of the news release is attached hereto as Exhibit 99.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits See exhibit index on page 3. - 1 -
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 24, 2024 THE PROGRESSIVE CORPORATION By: /s/ Mariann Wojtkun Marshall Name: Mariann Wojtkun Marshall Title: Vice President and Chief Accounting Officer - 2 - EXHIBIT INDEX Exhibit No. Under Reg. S-K Item 601 Form 8-K Exhibit No. Description 99 99 News release dated January 24, 2024, containing financial results of The Progressive Corporation and its consolidated subsidiaries for the month of, and year ended, December 2023 and selected quarterly financial results. 104 104 Cover Page Interactive Data File (the cover page tags are embedded within the Inline XBRL document). - 3 -