Why Allstate Stock Is Up Today

Allstate (ALL 1.87%) shareholders were in good hands this earnings season. The company easily topped expectations in the fourth quarter, helping to send the stock up as much as 6% in Thursday trading.Mild weather leads to better resultsIt has been a relatively mild winter in North America, and that has been a big boost to home and auto insurers like Allstate. The company earned $5.82 per share in the fourth quarter on revenue of $14.83 billion, beating Wall Street's consensus $3.99 per share on $12.94 billi ...