10:04 AM EDT, 10/15/2025 (MT Newswires) -- (Updates with latest stock move in the headline and first paragraph.)

Progressive (PGR) shares were down over 8% in recent Wednesday trading after the company reported Q3 net income that increased year over year but fell short of analyst expectations.

The insurance company reported Q3 net income of $4.45 per diluted share, up from $3.97 a year earlier.

Analysts polled by FactSet expected $5.02.

Net premiums written for the quarter ended Sept. 30 were $21.38 billion, up from $19.46 billion a year earlier.

Price: 219.66, Change: -20.75, Percent Change: -8.63