Insurer Allstate's Q4 revenue beats expectations

Allstate

04/02/2026 22:40

Overview

Insurance provider's Q4 revenue rose 5.1%, beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company announced $4 bln share repurchase program

Outlook

Company did not provide specific guidance for future quarters or year

Result Drivers

PREMIUM REDUCTIONS - Co reduced premiums for 7.8 mln auto and homeowners insurance customers by an average of 17% to offset cost inflation

UNDERWRITING INCOME - Higher average earned premiums and lower catastrophe losses led to increased underwriting income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$17.35 bln
$14.62 bln (6 Analysts)
Q4 Adjusted EPS
Beat
$14.31
$9.86 (21 Analysts)
Q4 Adjusted Net Income
Beat
$3.79 bln
$2.58 bln (16 Analysts)
Q4 Net Income
$3.80 bln
Q4 Adjusted Combined Ratio
76.6%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 8 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "hold."

Wall Street's median 12-month price target for Allstate Corp is $242.00, about 16.8% above its February 4 closing price of $207.12

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nPn1NJMLTa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)