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Allstate's (ALL) first-quarter results benefit from rate increases and a rise in investment income.
CNBC's Contessa Brewer reports on how persisent inflation has been hitting insurance companies.
The headline numbers for Allstate (ALL) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Allstate (ALL) came out with quarterly earnings of $5.13 per share, beating the Zacks Consensus Estimate of $4.11 per share. This compares to loss of $1.30 per share a year ago.
Delano Saporu, New Street Advisors founder and CEO, joins CNBC's 'The Exchange' to break down trades for Allstate, Zillow, and DoorDash.
Amid market uncertainties, unlock your portfolio value with high earnings yield stocks like GCT, TPH, PPC, SUN and ALP.
As every American who owns a car and/or a house knows, insurance premiums have been going through the roof this year. Although it's true the costs of repairing these assets have surged, it appears that insurers' recent rate hikes are meaningfully increasing their profits.
Allstate's (ALL) first-quarter results are likely to reflect improved underwriting profitability and moderate loss cost trends.
Here is how Allstate (ALL) and Ameriprise Financial Services (AMP) have performed compared to their sector so far this year.
Beyond analysts' top -and-bottom-line estimates for Allstate (ALL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.