Earnings Outlook For Allstate
Portfolio Pulse from Benzinga Insights
Allstate (NYSE:ALL) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $-3.83. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. However, the stock has been generally negative over the last 52-week period, with shares down 2.18%.
July 31, 2023 | 2:04 pm
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Allstate's upcoming earnings report could potentially impact its stock price. The company has a history of beating EPS estimates, which has often led to an increase in share price. However, the stock has been generally negative over the last 52-week period.
Allstate's stock price could be influenced by its upcoming earnings report. If the company beats the EPS estimate as it has done in the past, this could lead to a short-term increase in the stock price. However, the overall trend of the stock has been negative over the past year, which could temper any potential gains.
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