Allstate Q3 EPS $0.81 Beats $0.46 Estimate, Sales $13.30B Beat $13.18B Estimate
Portfolio Pulse from Benzinga Newsdesk
Allstate (NYSE:ALL) reported Q3 earnings of $0.81 per share, beating the analyst consensus estimate of $0.46 by 76.09%. This is a 151.92% increase over losses of $(1.56) per share from the same period last year. The company also reported quarterly sales of $13.30 billion, beating the analyst consensus estimate of $13.18 billion by 0.94%. This is a 10.53% increase over sales of $12.04 billion the same period last year.
November 01, 2023 | 8:33 pm
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Allstate's Q3 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Allstate's Q3 earnings and sales have significantly exceeded analyst estimates, indicating a strong financial performance. This positive news is likely to increase investor confidence and could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100