Allstate Corp reports results for the quarter ended September 30 - Earnings Summary
Allstate Corp reports results for the quarter ended September 30 - Earnings Summary
Allstate Corp ALL.N reported quarterly adjusted earnings of $9.76 per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $11.17. The mean expectation of twenty four analysts for the quarter was for earnings of $6.90 per share. Wall Street expected results to range from $5.35 to $8.67 per share.
Revenue rose 2.5% to $16.02 billion from a year ago; analysts expected $16.06 billion.
Allstate Corp's reported EPS for the quarter was $8.03.
The company reported quarterly net income of $2.05 billion.
Allstate Corp shares had risen by 17.9% this quarter and gained 25.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 14.6% in the last three months.
In the last 30 days, five analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 12 "strong buy" or "buy," 12 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is also "hold"
Wall Street's median 12-month price target for Allstate Corp is $264.00, about 1.9% above its last closing price of $269.06
This summary was machine generated from LSEG data November 4 at 10:17 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 |
Sep. 30 2026 | 6.90 | 9.76 | Beat |
Jun. 30 2026 | 6.12 | 8.99 | Beat |
Mar. 31 2026 | 7.29 | 10.65 | Beat |
Dec. 31 2025 | 9.86 | 14.31 | Beat |
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Allstate Corp reports results for the quarter ended September 30 - Earnings Summary
Allstate Q3 net income falls due to higher catastrophe losses, absence of prior-year sale gain
Brief: Allstate Q3 Revenue USD 17,348 Million Vs. IBES Estimate USD 16,064 Million