Progressive Corp.  (PGR - Get Report) is expected to report adjusted net income of $774.8 million, or $1.31 a share, on sales of $9.6 billion before the market opens on Wednesday, based on a FactSet survey of 18 analysts.

In the same period a year ago, the company posted earnings of $1.31 a share on sales of $8.6 billion. It reported net income of $704.2 million.

The stock has fallen 5.6% since the company last reported earnings on July 17.

Quarterly estimates have risen 1.1 cent a share in the past month.

In the upcoming quarter analysts are forecasting adjusted net income of $772 million, or $1.31 a share, on sales of $9 billion.

Progressive is currently trading at a price-to-forward-earnings ratio of 13.6 based on the 12-month estimates of 19 analysts surveyed by FactSet.

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S&P 500 Financial results expected Wednesday:

Bank of America Corp.  (BAC - Get Report) : EPS -- 54 cents Sales -- $22.6 billion, before the market opens (BMO) 

Bank of New York Mellon Corp.  (BK - Get Report) : EPS -- $0.99 Sales -- $3.9 billion BMO

U.S. Bancorp (USB - Get Report) : EPS -- $1.11 Sales -- $5.8 billion BMO

Comerica Inc.  (CMA - Get Report) : EPS -- $1.90 Sales -- $832.4 million BMO

Abbott Laboratories (ABT - Get Report) : EPS -- 84 cents Sales -- $8.1 billion BMO

PNC Financial Services Group, Inc. (PNC - Get Report) : EPS -- $2.80 Sales -- $4.4 billion BMO

United Rentals, Inc. (URI - Get Report) : EPS -- $5.56 Sales -- $2.5 billion, after the market closes (AMC)

International Business Machines  (IBM - Get Report) : EPS -- $2.66 Sales -- $18.2 billion AMC

Netflix, Inc. (NFLX - Get Report) : EPS -- $1.03 Sales -- $5.2 billion AMC

CSX Corp.  (CSX - Get Report) : EPS -- $1.01 Sales -- $3 billion AMC

SL Green Realty Corp. (SLG - Get Report) : EPS -- 34 cents Sales -- $243 million AMC

Kinder Morgan Inc Class P (KMI - Get Report) : EPS -- 24 cents Sales -- $3.5 billion AMC

Crown Castle International Corp.  (CCI - Get Report) : EPS -- 49 cents Sales -- $1.5 billion AMC

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