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Allstate edges up after Q2 EPS, revenue beat consensus

Published 08/01/2018, 06:06 PM
Updated 08/01/2018, 06:06 PM
© Reuters.  Allstate edges up after Q2 EPS, revenue beat consensus
  • Allstate (NYSE:ALL) gains 1.4% in after-hours trading as adjusted EPS of $1.90 beat consensus by 41 cents.
  • Q2 consolidated revenue of $10.1B rose 2.9% from $9.81B a year earlier; P&C insurance premiums $8.46B vs. $8.02B.
  • Net investment income $353M vs $387M Y/Y.
  • Total catastrophe losses $906M vs $993M Y/Y.
  • Underlying combined ratio 85.5 vs 84.9 Y/Y. By segment:
  • Allstate brand auto: 92.8 vs. 92.6;
  • Allstate brand homeowners: 63.3 vs. 59.8;
  • Allstate brand other personal lines: 77.3 vs. 77.1;
  • Esurance: 95.9 vs. 100.5;
  • Encompass 85.5 vs. 87.6.
    • Source: Press Release
    • Previously: Allstate beats by $0.41, beats on revenue (Aug. 1)
    • Now read: Prudential (LON:PRU) dips after-hours on Q2 miss


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