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Stay Ahead of the Game With Allstate (ALL) Q1 Earnings: Wall Street's Insights on Key Metrics
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In its upcoming report, Allstate (ALL - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $7.43 per share, reflecting an increase of 110.5% compared to the same period last year. Revenues are forecasted to be $17.7 billion, representing a year-over-year increase of 5.4%.
The current level reflects a downward revision of 1.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Allstate metrics that are commonly tracked and projected by analysts on Wall Street.
The combined assessment of analysts suggests that 'Property-Liability- Net Premiums Earned' will likely reach $15.09 billion. The estimate suggests a change of +7.6% year over year.
The average prediction of analysts places 'Property-Liability- Net Investment Income' at $798.62 million. The estimate indicates a change of +2% from the prior-year quarter.
According to the collective judgment of analysts, 'Revenues- Protection Services' should come in at $939.05 million. The estimate suggests a change of +10.5% year over year.
Analysts predict that the 'Corporate and Other- Net Investment Income' will reach $39.43 million. The estimate indicates a year-over-year change of +79.2%.
Analysts forecast 'Allstate Protection - Auto Insurance - Combined Ratio' to reach 90.6%. Compared to the present estimate, the company reported 91.3% in the same quarter last year.
The collective assessment of analysts points to an estimated 'Allstate Protection - Auto Insurance - Expense Ratio' of 21.6%. The estimate is in contrast to the year-ago figure of 22.0%.
The consensus estimate for 'Allstate Protection - Homeowners Insurance - Loss Ratio' stands at 61.0%. The estimate is in contrast to the year-ago figure of 91.8%.
Analysts expect 'Allstate Protection - Auto Insurance - Loss Ratio' to come in at 69.0%. The estimate is in contrast to the year-ago figure of 69.3%.
It is projected by analysts that the 'Allstate Protection - Homeowners Insurance - Combined Ratio' will reach 82.6%. The estimate is in contrast to the year-ago figure of 112.3%.
Analysts' assessment points toward 'Allstate Protection - Homeowners Insurance - Expense Ratio' reaching 21.6%. Compared to the present estimate, the company reported 20.5% in the same quarter last year.
The consensus among analysts is that 'Allstate Protection Homeowners - Policies in force' will reach 7.74 million. Compared to the current estimate, the company reported 7.55 million in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Allstate Protection Auto - Policies in force' should arrive at 25.76 million. Compared to the present estimate, the company reported 25.10 million in the same quarter last year.
Over the past month, Allstate shares have recorded returns of +5% versus the Zacks S&P 500 composite's +9.3% change. Based on its Zacks Rank #3 (Hold), ALL will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Stay Ahead of the Game With Allstate (ALL) Q1 Earnings: Wall Street's Insights on Key Metrics
In its upcoming report, Allstate (ALL - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $7.43 per share, reflecting an increase of 110.5% compared to the same period last year. Revenues are forecasted to be $17.7 billion, representing a year-over-year increase of 5.4%.
The current level reflects a downward revision of 1.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Allstate metrics that are commonly tracked and projected by analysts on Wall Street.
The combined assessment of analysts suggests that 'Property-Liability- Net Premiums Earned' will likely reach $15.09 billion. The estimate suggests a change of +7.6% year over year.
The average prediction of analysts places 'Property-Liability- Net Investment Income' at $798.62 million. The estimate indicates a change of +2% from the prior-year quarter.
According to the collective judgment of analysts, 'Revenues- Protection Services' should come in at $939.05 million. The estimate suggests a change of +10.5% year over year.
Analysts predict that the 'Corporate and Other- Net Investment Income' will reach $39.43 million. The estimate indicates a year-over-year change of +79.2%.
Analysts forecast 'Allstate Protection - Auto Insurance - Combined Ratio' to reach 90.6%. Compared to the present estimate, the company reported 91.3% in the same quarter last year.
The collective assessment of analysts points to an estimated 'Allstate Protection - Auto Insurance - Expense Ratio' of 21.6%. The estimate is in contrast to the year-ago figure of 22.0%.
The consensus estimate for 'Allstate Protection - Homeowners Insurance - Loss Ratio' stands at 61.0%. The estimate is in contrast to the year-ago figure of 91.8%.
Analysts expect 'Allstate Protection - Auto Insurance - Loss Ratio' to come in at 69.0%. The estimate is in contrast to the year-ago figure of 69.3%.
It is projected by analysts that the 'Allstate Protection - Homeowners Insurance - Combined Ratio' will reach 82.6%. The estimate is in contrast to the year-ago figure of 112.3%.
Analysts' assessment points toward 'Allstate Protection - Homeowners Insurance - Expense Ratio' reaching 21.6%. Compared to the present estimate, the company reported 20.5% in the same quarter last year.
The consensus among analysts is that 'Allstate Protection Homeowners - Policies in force' will reach 7.74 million. Compared to the current estimate, the company reported 7.55 million in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Allstate Protection Auto - Policies in force' should arrive at 25.76 million. Compared to the present estimate, the company reported 25.10 million in the same quarter last year.
View all Key Company Metrics for Allstate here>>>Over the past month, Allstate shares have recorded returns of +5% versus the Zacks S&P 500 composite's +9.3% change. Based on its Zacks Rank #3 (Hold), ALL will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .