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Stock impact report

Allstate (ALL) Q1 Earnings Beat on Expanding Auto Premiums [Yahoo! Finance]

Allstate Corporation (The) (ALL) 
Last allstate corporation (the) earnings: 2/4 06:08 pm Check Earnings Report
US:NYSE Investor Relations: allstateinvestors.com
Company Research Source: Yahoo! Finance
Operating revenues of $15.4 billion rose 12% year over year in the quarter under review. The year-over-year growth was due to a 10.9% increase in Property-Liability insurance premiums earned. The top line beat the consensus mark of $15.3 billion. The quarterly results benefited on the back of prudent rate increases, a rise in investment income, strong underwriting results, favorable weather conditions and a decline in expenses. However, the upside was partly offset by lower policies in force in Allstate Protection Auto business and premiums and contract charges from Employer voluntary benefits. The Allstate Corporation Price, Consensus and EPS Surprise The Allstate Corporation price-consensus-eps-surprise-chart | The Allstate Corporation Quote Q1 Operations Net investment income improved 32.9% year over year to $764 million in the first quarter and beat the Zacks Consensus Estimate of $662 million. The metric benefited on the back of improved yields from the fixed-income po Show less Read more
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