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 ...

PM Images We are always on the lookout for dividend increases! Whether it is on our website or social media platforms, we are always sharing dividend increase news. In this article, we are featuring 11 expected dividend increases in February 2024! Why do we suspect these companies are going to pay a dividend in February? The 11 dividend stocks featured in this article all have a history of increasing its dividend in February. The funny thing about large, blue-chip dividend paying stocks is that they are ...

Allstate (ALL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 7. ...

The Allstate Corporation (ALL) recently announced rate hikes of auto insurance in December, along with homeowners' insurance rate adjustments. This strategy aligns well with current macroeconomic trends, reinforcing the company's commitment to navigating challenging market conditions.Inflationary pressure has forced insurers to increase rates to maintain a decent level of profitability. The company’s estimated catastrophe losses for December were below the $150 million reporting threshold, highlighting effe ...

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced fourth quarter estimated catastrophe losses, prior year reserve reestimates and implemented rates. Allstate’s estimated catastrophe losses were below the $150 million reporting threshold for December 2023. Total catastrophe losses for the fourth quarter were $68 million, pre-tax. Unfavorable prior year reserve reestimates, excluding catastrophes, totaled $199 million in the fourth quarter, with approximately $148 milli ...

Core Viewpoint - The Federal Reserve's anticipated shift to a dovish monetary policy is expected to influence stock performance positively, encouraging consumer spending and investment [1][2]. Group 1: Stocks to Watch Post-Fed Decisions - Allstate (ALL) may benefit from lower interest rates, as existing bonds in its portfolio would appreciate in value, making it a stock to consider [3][4]. - Enphase Energy (ENPH) could see renewed interest if interest rates are cut, as lower borrowing costs would alleviate financial pressures on consumers and businesses, potentially boosting demand for solar energy solutions [5][6]. - PayPal (PYPL) might gain from a dovish Fed stance, as anticipated rate cuts could stimulate consumer spending and enhance demand for its buy now, pay later services [7][8]. - Nike (NKE) has shown resilience despite disappointing revenue, and if the Fed cuts rates, it could benefit from increased consumer spending due to its strong pricing power [9][10]. - AutoNation (AN) could see a positive impact from a shift in monetary policy, as lower rates may encourage consumers to purchase new vehicles rather than hold onto older ones [11][12]. - ChargePoint (CHPT) remains relevant in the electric vehicle charging infrastructure space, and a dovish Fed could increase demand for public charging solutions as EV adoption grows [13][14]. - Canaan (CAN), a blockchain mining equipment manufacturer, could benefit from aggressive rate cuts, as this may boost interest in cryptocurrencies and speculative investments [15][16][17].

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern on Thursday, Feb. 8, 2024, to discuss fourth quarter 2023 earnings. The company plans to file a current report on Form 8-K with the Securities and Exchange Commission announcing quarterly results at or after 4:15 p.m. Eastern on Wednesday, Feb. 7. To view Allstate’s quarterly results after their filing, including the earnings release and investor supplement, visit the SEC web ...