Allstate (ALL) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Allstate reported $17 billion in revenue for Q3 2025, a 3.8% year-over-year increase, with an EPS of $11.17 compared to $3.91 a year ago, indicating strong earnings growth despite missing revenue estimates by 2.02% [1] - The company delivered a significant EPS surprise of 36.22%, exceeding the consensus estimate of $8.20 [1] Financial Performance Metrics - The Property-Liability combined ratio was reported at 80.1%, significantly better than the average estimate of 90.3% [4] - The Property-Liability expense ratio was 21.8%, slightly above the estimated 21.7% [4] - The Property-Liability loss ratio was 58.3%, outperforming the estimated 68.4% [4] - Net premiums earned in Property-Liability were $14.53 billion, a 6.1% increase year-over-year, but below the average estimate of $14.76 billion [4] - Net investment income for Property-Liability was $873 million, exceeding the estimate of $740.58 million, representing a 23.3% year-over-year increase [4] - Underwriting income for Property-Liability was reported at $2.89 billion, significantly higher than the average estimate of $1.53 billion [4] - Protection Services net premiums earned were $720 million, a 6.2% year-over-year increase, surpassing the average estimate of $693.4 million [4] - Revenues from Protection Services were $912 million, a 9.6% year-over-year increase, also exceeding the average estimate of $898.63 million [4] Stock Performance - Allstate shares have returned -7.8% over the past month, contrasting with a +1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]