The Allstate Corporation (ALL) reported a fourth-quarter 2023 adjusted net income of $5.82 per share, which surpassed the Zacks Consensus Estimate by 50.4%. The company reported a loss of $1.33 per share in the year-ago quarter.Operating revenues of $14.9 billion rose 10% year over year in the quarter under review. The year-over-year growth was due to a 10.7% increase in Property-Liability insurance premiums earned. Yet, the top line fell short of the consensus mark by a whisker.The quarterly results benefi ...

| --- | --- | --- | |-------------------------------------------------------------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | 02.08.2024 The Allstate Corporation Fourth Quarter 2023 Earnings Presentation | | | | | | | | | | | | | | | | | | | | | | | Forward-looking statements and non-GAAP financial information This presentation contains forward-looking statements and information. This presentation also contains non- GAAP measures that are denoted with an asterisk. Y ...

The Allstate Corporation (NYSE:ALL) Q4 2023 Earnings Conference Call February 8, 2024 9:00 AM ET Company Participants Brent Vandermause - Head, Investor Relations Tom Wilson - Chairman, President and CEO Mario Rizzo - President, Property-Liability, Allstate Insurance Company Jesse Merten - Chief Financial Officer Conference Call Participants Jimmy Bhullar - JPMorgan Gregory Peters - Raymond James Yaron Kinar - Jefferies Elyse Greenspan - Wells Fargo Bob Huang - Morgan Stanley Josh Shanker - Bank of America ...

Allstate (ALL 1.87%) shareholders were in good hands this earnings season. The company easily topped expectations in the fourth quarter, helping to send the stock up as much as 6% in Thursday trading.Mild weather leads to better resultsIt has been a relatively mild winter in North America, and that has been a big boost to home and auto insurers like Allstate. The company earned $5.82 per share in the fourth quarter on revenue of $14.83 billion, beating Wall Street's consensus $3.99 per share on $12.94 billi ...

For the quarter ended December 2023, Allstate (ALL) reported revenue of $14.91 billion, up 10% over the same period last year. EPS came in at $5.82, compared to -$1.36 in the year-ago quarter.The reported revenue represents a surprise of -0.94% over the Zacks Consensus Estimate of $15.05 billion. With the consensus EPS estimate being $3.87, the EPS surprise was +50.39%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

Allstate (ALL) came out with quarterly earnings of $5.82 per share, beating the Zacks Consensus Estimate of $3.87 per share. This compares to loss of $1.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50.39%. A quarter ago, it was expected that this insurer would post earnings of $0.39 per share when it actually produced earnings of $0.81, delivering a surprise of 107.69%.Over the last four quarters, the company has surpass ...

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) has filed a Form 8-K reporting its financial results for the quarter ended Dec. 31, 2023. You can find the Form 8-K, including the earnings release and investor supplement, on the company’s page at sec.gov. These materials are also now available at www.allstateinvestors.com, including the press release. The Allstate Corporation will host a conference call and webcast at 9 a.m. Eastern on Thursday, Feb. 8 to discuss fourth-quarter resul ...

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today reported financial results for the fourth quarter of 2023. The Allstate Corporation Consolidated Highlights (1)   Three months ended December 31,   Twelve months ended December 31, ($ in millions, except per share data and ratios) 2023 2022 % / pts Change   2023 2022 % / pts Change Consolidated revenues $ 14,832 $ 13,648   8.7 %   $ 57,094   $ 5 ...

The Allstate Corporation (ALL) is scheduled to release fourth-quarter 2023 results on Feb 7, after the closing bell.Q4 EstimatesThe Zacks Consensus Estimate for Allstate’s fourth-quarter earnings per share (EPS) is pegged at $3.87. A loss of $1.36 per share was reported in the prior-year quarter.The consensus mark for revenues is $15.1 billion, which indicates an improvement of 11.1% from the prior-year quarter’s reported figure.Allstate’s bottom line beat estimates in three of the trailing four quarters an ...

Wall Street analysts forecast that Allstate (ALL) will report quarterly earnings of $3.87 per share in its upcoming release, pointing to a year-over-year increase of 384.6%. It is anticipated that revenues will amount to $15.05 billion, exhibiting an increase of 11.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 2.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed ...