Progressive (PGR): FY26 Q1 earnings call, May 5, 2026
On its May 5, 2026 earnings call (FY26 Q1), Progressive said 4 of the 10 words Kalshi listed; Parrot’s count agreed with 9 of 10 settlements. Quotes below are at most 25 words each.
UpdatedMarkets
10 words · 4 settled yes · our count agreed on 9 of 10- Kalshi: company speakers + operator
Kalshi
backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.
| Word | Result | Our count | All speakers | Agrees | Probability | Market |
|---|---|---|---|---|---|---|
| AI / Artificial Intelligence | Yes | 6 | 9 | ✓ | 70%transcripts from the transcript model | – |
| M&A / Acquisition | Yes | 4 | 5 | ✓ | 89%transcripts from the transcript model | – |
| Inflation | Yes | 2 | 2 | ✓ | 81%transcripts from the transcript model | – |
| Headwind | Yes | 1 | 1 | ✓ | 53%transcripts from the transcript model | – |
| Buyback | No | 2 | 4 | ✗ | 54%transcripts from the transcript model | – |
| Snapshot | No | 0 | 0 | ✓ | 54%transcripts from the transcript model | – |
| Catastrophe | No | 0 | 0 | ✓ | 53%transcripts from the transcript model | – |
| Pet Insurance | No | 0 | 0 | ✓ | 39%transcripts from the transcript model | – |
| Hippo | No | 0 | 0 | ✓ | 16%transcripts from the transcript model | – |
| Rosella | No | 0 | 0 | ✓ | 16%transcripts from the transcript model | – |
Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 15:46 UTC.
Transcript
quotes of at most 25 wordsSpeaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.
4 matches for “Buyback”; 3 quoted, at least 25 words apart.
…earlier this year versus directing more of those excess funds towards a buyback? I don't know if you'd be willing to kind of share some…
…of the board of directors to determine, you know, how much we buy back, which we did buy back, you know, a fair amount in…
Yeah, that's helpful. Just I'll need to check. Should we be earmarking some of that, debt capital towards buybacks potentially, or am I misinterpreting? Thanks.
Where the listed words were said
It's hard to say, how, you know, with AI, how things are competitive because all of us, I think, are investing and investing differently. What…
…our board of directors. We believe that we can continue to reduce non-acquisition expense ratio over, you know, the foreseeable future. We do a three-year…
…commercial auto suggest the industry combined ratio improved, but once again posted an underwriting loss as it continues to face nuclear verdicts and social inflation.
Agents: this page as TSV at /api/v1/appearances/progressive:2026-05-05:earnings_call · words: /api/v1/brief?appearance=progressive:2026-05-05:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP