Earnings in Focus: Progressive, Citigroup, and Wells Fargo Gear Up
- October 08th, 2023
- 392 views
On Friday, October 13, several prominent companies are set to reveal their financial results, including:
The Progressive Corporation (NYSE: PGR), a leading insurance provider, is anticipated to announce its third-quarter 2023 financial results before the market opens.
Analysts are expecting an earnings per share (EPS) of $1.71 on revenue of $15.46 billion.
On Friday, $PGR closed at $142.86, showing a slight gain of $0.36 (+0.25%).
Citigroup Inc. (NYSE: C), a global financial services corporation, will be releasing its third-quarter 2023 financial results prior to the market opening.
The consensus EPS estimate stands at $1.19, complemented by revenue totaling $19.26 billion.
$C closed at $40.57 on Friday, up $0.69 (+1.73%).
Wells Fargo & Company (NYSE: WFC), a major financial institution, is scheduled to report its third-quarter 2023 earnings results before the opening of the New York Stock Exchange.
Analysts are forecasting an EPS of $1.22, with revenue amounting to $20.16 billion.
On Friday, $WFC closed at $39.69, reflecting an increase of $0.39 (+0.99%).
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