New Zealand markets closed

  • NZX 50

    11,296.43
    +118.40 (+1.06%)
     

  • NZD/USD

    0.5999
    +0.0035 (+0.58%)
     

  • NZD/EUR

    0.5667
    +0.0027 (+0.47%)
     

  • ALL ORDS

    7,249.70
    +27.20 (+0.38%)
     

  • ASX 200

    7,048.60
    +23.80 (+0.34%)
     

  • OIL

    90.77
    -0.94 (-1.02%)
     

  • GOLD

    1,864.60
    -14.00 (-0.75%)
     

  • NASDAQ

    14,715.24
    +12.48 (+0.08%)
     

  • FTSE

    7,608.08
    +6.23 (+0.08%)
     

  • Dow Jones

    33,507.50
    -158.84 (-0.47%)
     

  • DAX

    15,386.58
    +63.08 (+0.41%)
     

  • Hang Seng

    17,809.66
    +436.63 (+2.51%)
     

  • NIKKEI 225

    31,857.62
    -14.90 (-0.05%)
     

  • NZD/JPY

    89.5710
    +0.5850 (+0.66%)
     

Progressive stock slides following latest quarterly results

Yahoo Finance

Yahoo Finance Live’s Julie Hyman breaks down the decline in stock for Progressive.

Video transcript

JULIE HYMAN: We've got a trending ticker for you now. Progressive out with its latest quarterly results, reporting a 43% increase in first-quarter earnings. Both net premiums written and earned rose in the latest quarter. However, EPS did miss analysts' estimates, and the stock is down by more than 5 and 1/2% at this moment. It's actually one of the worst performers in the S&P 500 today.