Allstate Corp reports results for the quarter ended March 31 - Earnings Summary

Allstate

30/04/2025 22:02

Allstate Corp ALL.N reported quarterly adjusted earnings of $3.53​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $5.13.  The mean expectation of eighteen analysts for the quarter was for earnings of $2.47 per share. Wall Street expected results to range from $1.37  to $4.40 per share.

Revenue rose 8.5% to $14.30 billion from a year ago; analysts expected $13.84 billion.

Allstate Corp's reported EPS for the quarter was $2.11​.

The company reported quarterly net income of $566 million.

Allstate Corp shares had fallen by 4.0% this quarter and gained 3.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 52.6% in the last three months.​

In the last 30 days, fourteen analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is also "buy"

Wall Street's median 12-month price target for Allstate Corp is $227.00

This summary was machine generated from LSEG data April 30 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
2.47
3.53
Beat
Dec. 31 2024
6.30
7.67
Beat
Sep. 30 2024
2.36
3.91
Beat
Jun. 30 2024
0.37
1.61
Beat