Progressive (NYSE: PGR) reported earnings on Jan. 19. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Progressive missed slightly on revenue and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew, and earnings per share dropped.

Margins dropped across the board.

Revenue details
Progressive reported revenue of $3.5 billion. The 12 analysts polled by S&P Capital IQ expected to see revenue of $3.6 billion. Sales were 2.7% higher than the prior-year quarter's $3.3 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
Non-GAAP EPS came in at $0.40. The 21 earnings estimates compiled by S&P Capital IQ anticipated $0.35 per share on the same basis. GAAP EPS of $0.41 for Q4 were 8.8% lower than the prior-year quarter's $0.45 per share.

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 10.9%, 120 basis points worse than the prior-year quarter. Operating margin was 10.8%, 110 basis points worse than the prior-year quarter. Net margin was 6.5%, 130 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $4.1 billion. On the bottom line, the average EPS estimate is $0.41.

Next year's average estimate for revenue is $16.0 billion. The average EPS estimate is $1.58.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 260 members out of 299 rating the stock outperform, and 39 members rating it underperform. Among 90 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 79 give Progressive a green thumbs-up, and 11 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Progressive is outperform, with an average price target of $21.33.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.