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Allstate Swings to Q1 Adjusted Earnings as Revenue Rises
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Allstate Swings to Q1 Adjusted Earnings as Revenue Rises
May 1, 2024 2:13 PM

04:58 PM EDT, 05/01/2024 (MT Newswires) -- Allstate ( ALL ) reported Q1 adjusted earnings late Wednesday of $5.13 per diluted share, compared with a loss of $1.30 a year earlier.

Analysts polled by Capital IQ expected normalized earnings of $3.94.

Revenue in the quarter ended March 31 rose to $15.3 billion from $13.8 billion a year earlier.

A lone analyst surveyed by Capital IQ expected $14.5 billion.

Price: 171.99, Change: +0.43, Percent Change: +0.25

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