Allstate rises after Q4 earnings beat

Allstate

05/02/2026 19:09

** Shares of insurance provider Allstate ALL.N rise 3.68% to $214.75

** Co posts Q4 net adjusted income of $3.79 billion, above analysts' estimates of $2.58 billion - data compiled by LSEG

** Reports Q4 revenue of $17.35 billion, above estimates of $14.62 billion

** Co did not provide forecast for future quarters or years

** Piper Sandler analyst says beat is driven by better-than-expected underlying underwriting results and favorable development

** 15 of 24 analysts rate stock "strong buy" or "buy", 8 "hold" and 1 "sell"; their median PT is $240 - data compiled by LSEG

** Including session's move, ALL up 11% in the last 12 months

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))