Allstate Corporation (ALL)
6 Stocks Poised to Benefit From a Trade War in Unexpected Ways
President Trump put a 30-day pause on levying 25% tariffs on Canada and Mexico but proceeded to levy an additional 10% tariff on Chinese imports. Trump has also acknowledged that he would be levying tariffs on European imports in time.
Allstate: Benefiting From Cost Improvements (Upgrade)
Allstate has improved its cost structure and underwriting, but I remain skeptical about its growth prospects, especially in the auto insurance market. Despite recent financial improvements, Allstate's high Price-to-Tangible Book ratio makes it overvalued for its current growth opportunities. Management's focus on the homeowner's insurance line may offer growth, but it is a challenging market.
Allstate says California wildfires to bring company $1.1 billion in losses
Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – $1.1 billion.
Allstate: Improving Results But Lackluster Capital Returns (Rating Upgrade)
Allstate shares have risen 22% over the past year, but recently pulled back 9% due to California wildfire concerns. Q4 results beat expectations with $7.67 EPS and 11% revenue growth, driven by price hikes and cost cuts. Investment income benefits from rising rates, but significant buybacks are not imminent, impacting share price potential.
The Allstate Corporation (ALL) Q4 2024 Earnings Call Transcript
The Allstate Corporation (NYSE:ALL ) Q4 2024 Earnings Call Transcript February 6, 2025 9:00 AM ET Company Participants Allister Gobin - Head of Investor Relations Tom Wilson - Chair, President and Chief Executive Officer Jess Merten - Executive Vice President and Chief Financial Officer Mario Rizzo - President, Property Liability Conference Call Participants Rob Cox - Goldman Sachs Gregory Peters - Raymond James Mike Zaremski - BMO Christian Kemph - Wells Fargo Jimmy Bhullar - JPMorgan Bob Huang - Morgan Stanley Operator Good day, and thank you for standing by. Welcome to Allstate's Fourth Quarter Investor Call.
Allstate Q4 Earnings Beat on Strong Premium & Investment Income
ALL agrees to divest the Group health business to Nationwide for $1.25 billion in cash.
Allstate (ALL) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Allstate (ALL) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Allstate (ALL) Surpasses Q4 Earnings Estimates
Allstate (ALL) came out with quarterly earnings of $7.67 per share, beating the Zacks Consensus Estimate of $6.51 per share. This compares to earnings of $5.82 per share a year ago.
Siegel Set House Fire On Caton Farm, Arson Charge Filed: Glasgow
CREST HILL — Zachary Siegel, a 41-year-0ld Crest Hill resident, has been charged with the felony crime of arson by the Will County State's Attorney's Office in connection with last May's house fire that was seen by tens of thousands of people across the Joliet area skyline. According to the criminal complaint from Crest Hill Detective Joel Steen, Siegel is accused of using fire or explosives on May 10, 2024, to defraud an insurer, Allstate, by damaging the house and its contents at 1231 Caton Farm Road. Joliet Patch reported last year that the fire broke out around 7:20 p.m. According to Lockport Township Fire District deputy fire chief Frank Blaskey, fire companies arrived to find a vacant two-story single-family house with heavy fire showing. The fire caused the majority of the house to collapse and damaged the detached garage along with some vehicles in the rear. Companies were on the scene approximately three and a half hours working to extinguish spot fires in the collapsed debris. The house was being rehabbed but unoccupied at the time of the fire. The fire mutual aid assistance to the scene from Plainfield and Romeoville fire departments. Court records indicate that Siegel, who lives in the 2400 block of Hacker Drive in Crest Hill, has retained downtown Joliet criminal defense attorney Chuck Bretz. Siegel is on the court docket for a hearing on Thursday morning in Courtroom 405. He has not been booked into the Will County Jail in connection with his arson charge. A warrant for his arrest was issued on Monday by Will County Judge Art Smigielski.
Stocks To Watch in February—And What to Watch For
Stocks rose in January, boosted by encouraging inflation data, optimism about President Donald Trump's pro-business agenda, and the announcement of a major AI infrastructure investment.
Gear Up for Allstate (ALL) Q4 Earnings: Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Allstate (ALL) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Nationwide to acquire Allstate's stop-loss insurance business in $1.25 billion deal
U.S. insurer Nationwide said on Thursday that it would acquire property and casualty insurer Allstate Corp's employer stop-loss segment in a $1.25 billion deal, as it seeks to expand its stop-loss insurance offering.
