Allstate (ALL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 7. ...

The Allstate Corporation (ALL) recently announced rate hikes of auto insurance in December, along with homeowners' insurance rate adjustments. This strategy aligns well with current macroeconomic trends, reinforcing the company's commitment to navigating challenging market conditions.Inflationary pressure has forced insurers to increase rates to maintain a decent level of profitability. The company’s estimated catastrophe losses for December were below the $150 million reporting threshold, highlighting effe ...

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced fourth quarter estimated catastrophe losses, prior year reserve reestimates and implemented rates. Allstate’s estimated catastrophe losses were below the $150 million reporting threshold for December 2023. Total catastrophe losses for the fourth quarter were $68 million, pre-tax. Unfavorable prior year reserve reestimates, excluding catastrophes, totaled $199 million in the fourth quarter, with approximately $148 milli ...

Core Viewpoint - The Federal Reserve's anticipated shift to a dovish monetary policy is expected to influence stock performance positively, encouraging consumer spending and investment [1][2]. Group 1: Stocks to Watch Post-Fed Decisions - Allstate (ALL) may benefit from lower interest rates, as existing bonds in its portfolio would appreciate in value, making it a stock to consider [3][4]. - Enphase Energy (ENPH) could see renewed interest if interest rates are cut, as lower borrowing costs would alleviate financial pressures on consumers and businesses, potentially boosting demand for solar energy solutions [5][6]. - PayPal (PYPL) might gain from a dovish Fed stance, as anticipated rate cuts could stimulate consumer spending and enhance demand for its buy now, pay later services [7][8]. - Nike (NKE) has shown resilience despite disappointing revenue, and if the Fed cuts rates, it could benefit from increased consumer spending due to its strong pricing power [9][10]. - AutoNation (AN) could see a positive impact from a shift in monetary policy, as lower rates may encourage consumers to purchase new vehicles rather than hold onto older ones [11][12]. - ChargePoint (CHPT) remains relevant in the electric vehicle charging infrastructure space, and a dovish Fed could increase demand for public charging solutions as EV adoption grows [13][14]. - Canaan (CAN), a blockchain mining equipment manufacturer, could benefit from aggressive rate cuts, as this may boost interest in cryptocurrencies and speculative investments [15][16][17].

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern on Thursday, Feb. 8, 2024, to discuss fourth quarter 2023 earnings. The company plans to file a current report on Form 8-K with the Securities and Exchange Commission announcing quarterly results at or after 4:15 p.m. Eastern on Wednesday, Feb. 7. To view Allstate’s quarterly results after their filing, including the earnings release and investor supplement, visit the SEC web ...

The Allstate Corporation's (ALL) shares have advanced 29.1% in the past six months compared with the industry’s 5.3% growth. The Zacks Finance sector and the S&P 500 Composite Index rose 9.6% and 7%, respectively, in the same time frame. With a market capitalization of $37.6 billion, the average volume of shares traded in the last three months was 1.6 million.Rate hikes, the buyout of National General, an improved expense ratio in the Property-Liability unit, a well-performing Protection Services business a ...

The Allstate Corporation (NYSE:ALL) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants Brent Vandermause - Head, Investor Relations Tom Wilson - Chairman, President & Chief Executive Officer Mario Rizzo - President-Property Liability-Allstate Insurance Company Jesse Merten - Chief Financial Officer & Executive Vice President Conference Call Participants Gregory Peters - Raymond James Elyse Greenspan - Wells Fargo Joshua Shanker - Bank of America Tracy Benguigui - Barclays Davi ...

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 September 30, 2023 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 j ...

The Allstate Corporation Second Quarter 2023 Earnings Presentation 08.02.2023 Forward-looking statements and non-GAAP financial information This presentation contains forward-looking statements Additional information on factors that could cause results and information. This presentation also contains non- to differ materially from this presentation is available in the GAAP measures that are denoted with an asterisk. You 2022 Form 10-K, Form 10-Q for June 30, 2023, our most can find the reconciliation of tho ...

The Allstate Corporation (NYSE:ALL) Q2 2023 Earnings Conference Call August 2, 2023 11:00 AM ET Company Participants Brent Vandermause - Head, Investor Relations Tom Wilson - Chairman, President & Chief Executive Officer Mario Rizzo - President-Property Liability-Allstate Insurance Company Jesse Merten - Chief Financial Officer & Executive Vice President Conference Call Participants Gregory Peters - Raymond James Josh Shanker - Bank of America Elyse Greenspan - Wells Fargo Michael Zaremski - BMO Capital Ale ...