Core Insights - Allstate reported $16.8 billion in revenue for Q1 2025, an 8.9% year-over-year increase, but fell short of the Zacks Consensus Estimate of $17.13 billion by 1.91% [1] - The company's EPS for the quarter was $3.53, down from $5.13 a year ago, but exceeded the consensus estimate of $2.26 by 56.19% [1] Financial Performance Metrics - Combined Ratio for Property-liability was 97.4%, better than the average estimate of 98% [4] - Expense Ratio for Property-liability was 21.4%, lower than the average estimate of 22.5% [4] - Loss Ratio for Property-liability was 76%, slightly above the average estimate of 75.2% [4] - Loss Ratio for Auto was 69.3%, better than the average estimate of 71.5% [4] - Property-Liability Net Premiums Earned were $14.03 billion, a year-over-year increase of 8.7%, but below the average estimate of $14.17 billion [4] - Property-Liability Other Revenue was $488 million, a 13.5% year-over-year increase, slightly above the average estimate of $485.47 million [4] - Property-Liability Net Investment Income was $783 million, an 11.5% year-over-year increase, exceeding the average estimate of $741.90 million [4] - Allstate Health and Benefits Net Investment Income was $25 million, an 8.7% year-over-year increase, slightly below the average estimate of $26 million [4] - Allstate Health and Benefits Other Revenue was $131 million, a 2.2% year-over-year decrease, below the average estimate of $132.46 million [4] - Accident and health insurance premiums and contract charges for Allstate Health and Benefits were $487 million, a 1.9% year-over-year increase, below the average estimate of $491.66 million [4] - Corporate and Other Net Investment Income was $22 million, a 22.2% year-over-year increase, below the average estimate of $25.06 million [4] - Premiums earned by Allstate Protection for Homeowners were $3.66 billion, a 16% year-over-year increase, slightly above the average estimate of $3.64 billion [4] Stock Performance - Allstate shares returned -4.2% over the past month, compared to the Zacks S&P 500 composite's -0.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]

Core Viewpoint - The Allstate Corporation is well-positioned for growth due to rising premiums, an expanding protection services business, and ongoing streamlining initiatives [1] Group 1: Earnings Performance - Allstate has a strong earnings surprise history, exceeding estimates in the last four quarters with an average surprise of 127.1% [2] Group 2: Revenue Growth - Net premiums earned have shown consistent growth: 13.9% in 2021, 8.7% in 2022, 10.4% in 2023, and 11.3% in 2024, driven by a diversified portfolio, strategic acquisitions, and disciplined pricing [3] - Contributions from the Property-Liability, Protection Services, and Allstate Health and Benefits segments are expected to sustain top-line growth [4] Group 3: Shareholder Returns - Allstate announced an 8.7% increase in its quarterly dividend, effective April 1, 2025 [5] - The company has approved a new $1.5 billion share repurchase program, following the expiration of a previous $5 billion buyback authorization [6] Group 4: Future Outlook - The company anticipates an increase in total Property-Liability policies in force due to improved auto insurance policy renewal rates and ongoing new business growth [7] Group 5: Strategic Initiatives - Allstate is refining its business strategy by focusing on core strengths and divesting underperforming segments, which has led to a 160 basis point improvement in the property-liability adjusted expense ratio year over year in 2024 [8]