Top-ranked stocks ALL, W, BILL, TWLO and CRBU are likely to beat on the bottom line in their upcoming releases.
ALL's improving underwriting, rising investment income, policy growth and capital returns support a brighter growth outlook.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
HMC, HMN and ALL made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 18, 2026.
Insurance company Allstate is investing in quantum computing now so that the company is ready to take advantage of the technology when it arrives, Allstate Chair, President and CEO Tom Wilson told The Wall Street Journal in a report published Friday (Aug. 14). Allstate plans to expand its quantum team that currently includes 10 people.
Allstate confirmed its underwriting recovery with an 86.6% Q2 combined ratio and an exceptional 84.3% result for the first half. Auto remained highly profitable, while homeowners returned to underwriting profitability despite catastrophe losses, and both businesses resumed growth without abandoning pricing discipline. Valuation now hinges on sustaining a ~90% combined ratio; base case fair value is $315-$340, offering 17%-28% upside from current levels.
Allstate NYSE: ALL reported higher second-quarter revenue, underwriting income and investment income as the insurer continued to expand policies across its auto, homeowners and protection-services businesses.
ALL beats Q2 earnings estimates as higher investment income, improved underwriting and lower catastrophe losses fuel strong profit growth.
While the top- and bottom-line numbers for Allstate (ALL) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Allstate (ALL) came out with quarterly earnings of $8.99 per share, beating the Zacks Consensus Estimate of $5.76 per share. This compares to earnings of $5.94 per share a year ago.
ALL's Q2 earnings may face pressure from weaker Property-Liability underwriting despite expected premium and investment income growth.
Evaluate the expected performance of Allstate (ALL) for the quarter ended June 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.