Allstate (ALL) Q2 Earnings Top Estimates

Company Performance - Allstate reported quarterly earnings of $5.94 per share, significantly exceeding the Zacks Consensus Estimate of $3.32 per share, and up from $1.61 per share a year ago, representing an earnings surprise of +78.92% [1] - The company posted revenues of $16.78 billion for the quarter ended June 2025, which was 2.91% below the Zacks Consensus Estimate, but an increase from $15.82 billion year-over-year [2] - Over the last four quarters, Allstate has surpassed consensus EPS estimates four times, but has only topped revenue estimates once [2] Stock Outlook - Allstate shares have increased by approximately 0.6% since the beginning of the year, underperforming compared to the S&P 500's gain of 8.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is $4.38 on revenues of $17.54 billion, and for the current fiscal year, it is $18.29 on revenues of $69.06 billion [7] Industry Context - The Insurance - Property and Casualty industry, to which Allstate belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Allstate's stock performance [5] - The Zacks Rank for Allstate is currently 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6]