earnings
confidence high
sentiment positive
materiality 0.85
Allstate Q1 net income $1.19B, $4.46 EPS; adjusted $5.13 vs loss year ago
ALLSTATE CORP
2024-Q1 EPS reported
$4.46
revenue$15,259,000,000
- Net income applicable to common shareholders $1.189B ($4.46 diluted EPS) vs net loss $346M ($1.31 loss) in Q1 2023.
- Adjusted net income* $1.367B ($5.13 diluted EPS) vs adjusted net loss* $342M ($1.30 loss) in prior year.
- Property-Liability combined ratio improved to 93.0 from 108.6; underlying combined ratio* 86.9 vs 93.3.
- Catastrophe losses $731M, down 56.8% from $1.691B; total revenues $15.3B, up 10.7% YoY.
- Dividend increased to $0.92 per share from $0.89 per share in Q1 2023.