Investing.com - Allstate (NYSE:ALL) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Allstate announced earnings per share of $2.46 on revenue of $11.20B. Analysts polled by Investing.com anticipated EPS of $1.53 on revenue of $9.43B.
Allstate shares are down 14.41% from the beginning of the year, still down 23.56% from its 52 week high of $125.92 set on February 18. They are under-performing the S&P 500 which is up 2.34% from the start of the year.
Allstate follows other major Financial sector earnings this month
Allstate's report follows an earnings beat by Mastercard on Thursday, who reported EPS of $1.36 on revenue of $3.34B, compared to forecasts EPS of $1.17 on revenue of $3.25B.
JPMorgan had beat expectations on July 14 with second quarter EPS of $1.38 on revenue of $33.82B, compared to forecast for EPS of $1.15 on revenue of $30.41B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar