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You are here: Home / Archives for Earnings

Boyd Group Reports Sales of $778.3 Million in First Quarter

May 14, 2025 By CollisionWeek Editor Leave a Comment

Same store sales down 2.8% during quarter year-over-year. Boyd Group Services Inc. (TSE: BYD) today announced sales of $778.3 million for the first quarter ended March 31, down 1.0% from $786.5 million in the same period of 2024. Same-store sales declined 2.8% compared to 2024. The first quarter of 2025 had one less selling and […]

Filed Under: News Tagged With: Boyd Group, Earnings, People

Axalta Reports First Quarter Sales of $1.26 Billion

May 7, 2025 By CollisionWeek Editor Leave a Comment

Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales decreased 3% year-over-year to $1.26 billion in the first quarter of 2025, inclusive of a 3% headwind from foreign currency translation. Contributions from the CoverFlexx acquisition and favorable price-mix were offset by volume declines primarily in Performance Coatings. Net income increased by 154% year over year to […]

Filed Under: News Tagged With: Axalta Coating Systems, Earnings

GEICO Reports $11.5 Billion Premiums Written in First Quarter

May 6, 2025 By CollisionWeek Editor Leave a Comment

Written premiums up over 6%. Collision claims frequency down 6-9 percent in quarter compared to 2024. Berkshire Hathaway reported its 2024 earnings on May 3, providing details on its GEICO subsidiary—the third-largest private passenger auto insurer in the U.S. GEICO’s pre-tax underwriting earnings climbed to $2.173 billion in the first quarter of 2025, up $245 […]

Filed Under: News Tagged With: Claim Frequency, Claim Severity, Earnings, GEICO, Net Written Premiums

CCC Reports Revenue of $251.6 Million in First Quarter

May 6, 2025 By CollisionWeek Editor Leave a Comment

CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) today reported total revenue was $251.6 million for the first quarter ended March 31, an increase of 11% from $227.2 million for the first quarter of 2024. “CCC delivered strong first quarter results, highlighted by 11% year-over-year revenue growth and adjusted EBITDA margin of 39% – both above […]

Filed Under: News Tagged With: CCC, Earnings

LKQ Corporation Reports Revenue of $3.5 Billion in First Quarter

April 24, 2025 By CollisionWeek Editor

LKQ Corporation (NASDAQ: LKQ) today reported revenue for the first quarter of 2025 was $3.5 billion, a decrease of 6.5% compared to $3.7 billion for the first quarter of 2024. Parts and services organic revenue decreased 4.3%, or a 3.1% decrease on a per day basis. The net impact of acquisitions and divestitures decreased revenue […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

Travelers Insurance Reports Improved First Quarter Personal Auto Performance as Combined Ratio Declines

April 17, 2025 By CollisionWeek Editor

Travelers Insurance delivered improved results in its personal auto insurance segment for the first quarter of 2025, achieving a combined ratio of 83.4%, a significant 11.2-point improvement from 94.6% in the same period last year. The underlying combined ratio, which excludes catastrophes and prior year reserve development, showed a substantial 7.4-point improvement to 87.5% from […]

Filed Under: News Tagged With: Combined Ratio, Earnings, Policies in Force, Travelers

Progressive Reports Personal Auto Policies in Force Up 21.9% in March Compared to 2024

April 16, 2025 By CollisionWeek Editor

Policies in Force

Premiums written up 17% year-over-year in March. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 24,917,000 in March 2025, an increase of 4,468,700 or 21.9% from 20,448,000 in March 2024. The March total personal auto policies in force set a new record for the company. The growth in […]

Filed Under: News Tagged With: Earnings, Net Written Premiums, Policies in Force, Progressive Insurance

U.S. Property Casualty Insurance Industry Reports $170 Billion Net Income in 2024

March 24, 2025 By CollisionWeek Editor

Verisk and APCIA report that investment gains and pricing in 2024 offset some impacts driven by severe catastrophic events. Verisk (NASDAQ: VRSK), the global data analytics and technology provider, and The American Property Casualty Insurance Association (APCIA), the primary national trade association for home, auto and business insurers, reported full-year 2024 net income for the […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, Earnings, Net Written Premiums, Property Casualty Insurance, Verisk

Progressive Reports Personal Auto Policies in Force Up 21.7% in February Compared to 2024

March 21, 2025 By CollisionWeek Editor

Premiums written up 17% year-over-year in February. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 24,345,000 in February 2025, an increase of 4,342,000 or 21.7% from 20,003,000 in February 2024. The February total personal auto policies in force set a new record for the company. The growth in […]

Filed Under: News Tagged With: Combined Ratio, Earnings, Net Written Premiums, Policies in Force, Progressive

Boyd Group Reports Sales Up 4.2% in 2024

March 19, 2025 By CollisionWeek Editor

Addition of new locations lifts revenue as same store sales declined year-over-year. Boyd Group Services Inc. (TSE: BYD) announced sales increased by 4.2% to $3.1 billion in 2024 from $2.9 billion in 2023. The result included incremental sales from new locations of $187.2 million, partially offset by same-store sales declines of 1.8%. Fiscal 2024 recognized […]

Filed Under: News Tagged With: Boyd Group, Earnings

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