The Allstate Corporation (ALL) is scheduled to release fourth-quarter 2023 results on Feb 7, after the closing bell.Q4 EstimatesThe Zacks Consensus Estimate for Allstate’s fourth-quarter earnings per share (EPS) is pegged at $3.87. A loss of $1.36 per share was reported in the prior-year quarter.The consensus mark for revenues is $15.1 billion, which indicates an improvement of 11.1% from the prior-year quarter’s reported figure.Allstate’s bottom line beat estimates in three of the trailing four quarters an ...

Wall Street analysts forecast that Allstate (ALL) will report quarterly earnings of $3.87 per share in its upcoming release, pointing to a year-over-year increase of 384.6%. It is anticipated that revenues will amount to $15.05 billion, exhibiting an increase of 11.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 2.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed ...

PM Images We are always on the lookout for dividend increases! Whether it is on our website or social media platforms, we are always sharing dividend increase news. In this article, we are featuring 11 expected dividend increases in February 2024! Why do we suspect these companies are going to pay a dividend in February? The 11 dividend stocks featured in this article all have a history of increasing its dividend in February. The funny thing about large, blue-chip dividend paying stocks is that they are ...

Allstate (ALL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 7. ...

The Allstate Corporation (ALL) recently announced rate hikes of auto insurance in December, along with homeowners' insurance rate adjustments. This strategy aligns well with current macroeconomic trends, reinforcing the company's commitment to navigating challenging market conditions.Inflationary pressure has forced insurers to increase rates to maintain a decent level of profitability. The company’s estimated catastrophe losses for December were below the $150 million reporting threshold, highlighting effe ...

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced fourth quarter estimated catastrophe losses, prior year reserve reestimates and implemented rates. Allstate’s estimated catastrophe losses were below the $150 million reporting threshold for December 2023. Total catastrophe losses for the fourth quarter were $68 million, pre-tax. Unfavorable prior year reserve reestimates, excluding catastrophes, totaled $199 million in the fourth quarter, with approximately $148 milli ...

Based on the latest economic print, the Federal Reserve expects a shift in monetary policy, which undergirds certain stocks for a dovish Fed. It really comes down to the return of the normal way of doing business.Baseball fans everywhere know about superstar Shohei Ohtani’s record-breaking $700 million contract with the Los Angeles Dodgers. What caught many fans off guard is that $680 million of this amount will be deferred to after the 10-year contract is over. Now, what does that have to do with Fed-drive ...

分组1 - Allstate Corporation (NYSE: ALL)将于2024年2月8日上午9点举行电话会议和网络直播，讨论2023年第四季度的收益情况[1] - 公司计划在2024年2月7日下午4:15或之后向美国证券交易委员会提交8-K表格的当前报告，公布季度业绩[1] - 可以在SEC网站www.sec.gov上查看Allstate的季度业绩，包括收益公告和投资者补充资料[1] 分组2 - 这些材料也将于东部时间下午5点左右在www.allstateinvestors.com上提供[1] - 在www.allstateinvestors.com上可以进行以下操作：查看提交的8-K表格，包括收益公告和投资者补充资料；访问电话会议和网络直播的录音，电话结束后不久将发布重播；查看未来收益电话会议/网络直播的初步日期和时间列表；了解有关The Allstate Corporation的财务信息，例如定期发布的重大公告[1] - 您可以在网站的“电子邮件提醒”部分注册您的电子邮件地址，并查看新闻发布的RSS订阅[1]

The Allstate Corporation's (ALL) shares have advanced 29.1% in the past six months compared with the industry’s 5.3% growth. The Zacks Finance sector and the S&P 500 Composite Index rose 9.6% and 7%, respectively, in the same time frame. With a market capitalization of $37.6 billion, the average volume of shares traded in the last three months was 1.6 million.Rate hikes, the buyout of National General, an improved expense ratio in the Property-Liability unit, a well-performing Protection Services business a ...

财务数据和关键指标变化 - 第三季度收入为145亿美元,同比增长9.8% [9] - 净亏损4100万美元,调整后净收益2.14亿美元,每股0.81美元 [9] - 财产责任保险承保亏损4.14亿美元,较上年同期1.3亿美元亏损有所改善 [9] 各条业务线数据和关键指标变化 - 汽车保险合并比率102.1%,较上年同期改善15.3个百分点,反映了较高的已赚保费、较低的不利前期准备金重估和费用效率 [22] - 房主保险净承保亏损,主要由于较高的灾害损失 [12] - 保护服务业务收入增长8.9%,主要由于Allstate Protection Plans业务增长19.2% [36] - 健康和福利业务收入和利润均有所增加,主要由于集团健康和个人健康业务收入增加以及运营费用降低 [39][40] 各个市场数据和关键指标变化 - 加利福尼亚、纽约和新泽西三个大州的新业务量下降75% [26] - 德克萨斯州汽车保险价格上涨超过50%,导致保单量下降,但盈利能力有所改善 [26] - 国民保险公司非标准汽车业务占其总保费的75%,较整体业务更加盈利 [27] 公司战略和发展方向及行业竞争 - 公司正在执行汽车保险利润改善计划,包括提价、降低成本、限制在盈利能力较低的州的新业务增长、改善理赔实践等 [10][11] - 公司决定出售健康和福利业务,以更好地发挥这些业务的增长潜力,获得更广泛的产品、分销渠道和能力 [15][16] - 公司正在推进转型增长举措,提供简单、连接的保护产品,通过各分销渠道为客户提供优质、低成本的保障 [17][18] - 公司在汽车保险方面具有行业领先的盈利能力,在当前竞争环境下仍有优势 [12][13] 管理层对经营环境和未来前景的评论 - 尽管赔付成本趋势仍处于历史高位,但增速有所放缓 [22] - 公司有信心通过执行利润改善计划,在当前竞争环境下继续提高汽车保险盈利能力 [12][13] - 公司认为出售健康和福利业务可以更好地发挥这些业务的增长潜力 [15][16] - 公司对转型增长举措的执行充满信心,认为可以提高客户价值并推动市场份额增长 [17][18] 问答环节重要的提问和回答 问题1 **Gregory Peters 提问** 询问转型增长战略中是否存在运营双轨模式而导致成本升高的情况 [47][48] **Tom Wilson 回答** 公司正在投资转型增长举措,但同时也在努力降低整体成本,两者并不矛盾。公司有信心能够通过技术投入和效率提升来实现成本控制目标 [49][50] 问题2 **Elyse Greenspan 提问** 询问公司是否考虑购买额外的总赔付限额再保险来保护资本状况 [68][69] **Jesse Merten 回答** 公司目前没有具体的再保险交易更新,但会继续评估是否可以通过再保险经济地降低整体风险和资本需求 [69][70] 问题3 **Tracy Benguigui 提问** 询问出售健康和福利业务的主要动因,以及对公司资本的影响 [89][90] **Tom Wilson 回答** 出售主要是为了更好地发挥这些业务的增长潜力,而不是为了获取资本。这些业务资本需求较低,出售后公司将评估如何最佳利用这部分资本 [89][90][91]