Allstate (ALL) reported $15.42 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 12%. EPS of $5.13 for the same period compares to -$1.30 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $15.29 billion, representing a surprise of +0.89%. The company delivered an EPS surprise of +24.82%, with the consensus EPS estimate being $4.11.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Allstate (ALL) came out with quarterly earnings of $5.13 per share, beating the Zacks Consensus Estimate of $4.11 per share. This compares to loss of $1.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.82%. A quarter ago, it was expected that this insurer would post earnings of $3.87 per share when it actually produced earnings of $5.82, delivering a surprise of 50.39%.Over the last four quarters, the company has surpasse ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 1-11840 THE ALLSTATE CORPORATION (Exact name of registrant as specified in its charter) Delaware 36-3871531 (State or other juris ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): April 18, 2024 THE ALLSTATE CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-11840 36-3871531 (State or other (Commission (IRS Employer jurisdiction of incorpo ration) File Number) Identification No .) 3100 Sanders Road, Northbrook, Illinois 60062 (Address of princ ...

Markets closed lower yesterday as U.S. consumer confidence dipped to its lowest level since 2022, largely attributed to persistent inflationary pressure. The recent GDP growth numbers revealed a slowdown, with the economy expanding at its slowest pace in nearly two years. In the first quarter of 2024, the U.S. economy grew at an annualized rate of 1.6%, down from 3.4% in the fourth quarter of 2023 and below the projected 2.5%. This deceleration can be attributed to prior rate hikes by the Fed.However, despi ...

As every American who owns a car and/or a house knows, insurance premiums have been going through the roof this year. Although it’s true the costs of repairing these assets have surged, it appears that insurers’ recent rate hikes are meaningfully increasing their profits. As evidence of the latter point, consider that many of the insurance stocks to buy have jumped tremendously this year. For example, Allstate (NYSE:ALL) has climbed 21% year-to-date. Meanwhile, Progressive (NYSE:PGR) has gained 29%, and The ...

The Allstate Corporation (ALL) is scheduled to release first-quarter 2024 results on May 1, after the closing bell.Factors to NoteThe company’s focus on keeping up with elevated loss cost trends is commendable, given it has been pursuing rate hikes consistently to earn profits in its Auto and Homeowners business. We expect the first-quarter’s performance to benefit from improvement in underwriting margins in Auto and Homeowners. Moreover, moderating the personal auto loss environment is likely to have provi ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Allstate (ALL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Allstate is one of 859 companies in the Finance group. The Finance group currently sits at ...

In its upcoming report, Allstate (ALL) is predicted by Wall Street analysts to post quarterly earnings of $3.88 per share, reflecting an increase of 398.5% compared to the same period last year. Revenues are forecasted to be $15.29 billion, representing a year-over-year increase of 11%.The consensus EPS estimate for the quarter has undergone an upward revision of 0.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial e ...

Allstate (ALL) closed at $175.41 in the latest trading session, marking a +1.42% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.87% for the day. Meanwhile, the Dow gained 0.67%, and the Nasdaq, a tech-heavy index, added 1.11%.Prior to today's trading, shares of the insurer had gained 4.67% over the past month. This has outpaced the Finance sector's loss of 5.66% and the S&P 500's loss of 3.97% in that time.The investment community will be closely monitoring the perform ...