Aallstate-Allstate Q1 Earnings Beat on Strong Premium Despite Massive CAT Loss

The Allstate Corporation (ALL) reported a first-quarter 2025 adjusted net income of $3.53 per share, which outpaced the Zacks Consensus Estimate by 56.2%. However, the bottom line plunged 31.2% year over year.(See the Zacks Earnings Calendar to stay ahead of market-making news.)Operating revenues advanced 8.9% year over year to$ 16.8 billion but missed the consensus mark by 1.9%.The better-than-expected first-quarter earnings benefited from growth in premiums and improved investment income. However, the ups ...