Allstate reports third-quarter results above Wall Street expectations
FROM THE WIRE · FINANCE.YAHOO.COM
NORTHBROOK, Ill. (AP) — NORTHBROOK, Ill. (AP) — Allstate Corp. (ALL) on Wednesday reported third-quarter earnings of $2.08 billion. On a per-share basis, the Northbrook, Illinois-based company said it had profit of $8.03. Earnings, adjusted for non-recurring costs, came to $9.76…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly profit above estimates can support the insurer's stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Adjusted earnings per share were 9.76 dollars.
- 02The average estimate of ten analysts was 7.03 dollars per share.
- 03Adjusted revenue was 17.89 billion dollars.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets