Allstate Q4 2023 Adj EPS $5.82 Beats $3.99 Estimate, Sales $14.83B Beat $12.94B Estimate
Portfolio Pulse from Benzinga Newsdesk
Allstate (NYSE:ALL) reported Q4 2023 earnings of $5.82 per share, surpassing the $3.99 estimate by 45.86%. Sales reached $14.83B, exceeding the $12.94B estimate by 14.61% and marking a 29.20% increase from the previous year.
February 07, 2024 | 9:34 pm
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Allstate's Q4 2023 earnings and sales significantly exceeded analyst expectations, indicating strong financial performance.
Allstate's earnings and sales not only surpassed analyst estimates by a significant margin but also showed a substantial year-over-year growth. This indicates a strong financial performance and operational efficiency, likely leading to positive investor sentiment and potentially an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100