Allstate Q3 2024 Adj EPS $3.91 Beats $2.47 Estimate, Sales $16.60B Beat $14.94B Estimate
Portfolio Pulse from Benzinga Newsdesk
Allstate reported Q3 2024 earnings per share of $3.91, significantly surpassing the analyst estimate of $2.47. The company's sales reached $16.60 billion, exceeding the expected $14.94 billion and marking a 24.77% increase from the previous year.
October 30, 2024 | 8:19 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Allstate's Q3 2024 earnings per share of $3.91 beat expectations by 58.3%, and sales of $16.60 billion exceeded estimates by 11.14%, showing strong financial performance.
Allstate's earnings and sales significantly exceeded analyst expectations, indicating strong financial health and likely boosting investor confidence, which should positively impact the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100