Core Viewpoint - Allstate's stock has shown a positive return of +3.4% over the past month, contrasting with the S&P 500's decline of -4.1%, indicating potential resilience in its performance [1] Earnings Estimate Revisions - For the current quarter, Allstate is expected to report earnings of $4 per share, reflecting a decrease of -22% year-over-year, with the consensus estimate dropping by -23.6% in the last 30 days [4] - The consensus earnings estimate for the current fiscal year is $18.65, indicating a slight increase of +1.8% from the previous year, with a minor change of -0.6% over the last month [4] - For the next fiscal year, the consensus estimate is $21.61, suggesting a growth of +15.9% compared to the previous year, with a recent increase of +4.1% [5] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $17.13 billion, representing a year-over-year increase of +11% [8] - For the current fiscal year, the revenue estimate is $69.64 billion, indicating a growth of +8.3%, while the next fiscal year's estimate is $74.95 billion, reflecting a +7.6% change [8] Last Reported Results and Surprise History - In the last reported quarter, Allstate achieved revenues of $16.71 billion, marking a year-over-year increase of +12.1%, with an EPS of $7.67 compared to $5.82 a year ago [9] - The reported revenues were in line with the Zacks Consensus Estimate, showing a surprise of -0.01%, while the EPS surprise was +17.82% [10] - Allstate has consistently beaten consensus EPS estimates in the last four quarters and has topped revenue estimates three times during this period [10] Valuation - Allstate is graded A in the Zacks Value Style Score, indicating that it is trading at a discount compared to its peers [14]
Investors Heavily Search The Allstate Corporation (ALL): Here is What You Need to Know