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Allstate (ALL) Reports Q2 Earnings: What Key Metrics Have to Say

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Allstate (ALL - Free Report) reported $17.54 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 4.6%. EPS of $8.99 for the same period compares to $5.94 a year ago.

The reported revenue represents a surprise of -1.05% over the Zacks Consensus Estimate of $17.73 billion. With the consensus EPS estimate being $5.76, the EPS surprise was +56.08%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Allstate performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Property-Liability - Combined Ratio: 86.6% versus the seven-analyst average estimate of 93.9%.
  • Property-Liability - Expense Ratio: 21.8% versus the six-analyst average estimate of 21.4%.
  • Property-Liability - Loss Ratio: 64.8% compared to the 72% average estimate based on six analysts.
  • Allstate Protection - Auto Insurance - Combined Ratio: 83.3% compared to the 91.9% average estimate based on five analysts.
  • Property-Liability- Net Premiums Earned: $14.92 billion versus $15.19 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +4% change.
  • Underwriting Income- Property-Liability: $2.01 billion versus $989.25 million estimated by seven analysts on average.
  • Property-Liability- Net Investment Income: $885 million compared to the $771.15 million average estimate based on seven analysts. The reported number represents a change of +28.8% year over year.
  • Property-Liability- Other Revenue: $568 million versus $534.16 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +12.7% change.
  • Corporate and Other- Net Investment Income: $96 million compared to the $51.74 million average estimate based on six analysts. The reported number represents a change of +159.5% year over year.
  • Protection Services- Net Investment Income: $25 million versus $22.81 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a 0% change.
  • Protection Services- Net Premiums Earned: $752 million compared to the $774.69 million average estimate based on five analysts. The reported number represents a change of +8.2% year over year.
  • Revenues- Property and casualty insurance premiums: $15.67 billion versus the five-analyst average estimate of $16.08 billion. The reported number represents a year-over-year change of +4.2%.

View all Key Company Metrics for Allstate here>>>

Shares of Allstate have returned +4.4% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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