Allstate Q2 Earnings Top Estimates, Revenues Miss

Allstate (ALL) reported Q2 earnings of $5.94 per share, beating estimates by 78.92%. Revenue was $16.78 billion, missing estimates by 2.91%. The company has topped consensus revenue estimates just once over the last four quarters. Allstate shares have added about 0.6% since the beginning of the year, underperforming the S&P 500's gain of 8.3%.

Allstate Corp. (ALL) reported strong second-quarter earnings, beating Wall Street estimates by 78.92%. The Northbrook, Illinois-based insurance giant reported adjusted net income of $5.94 per share, surpassing the Zacks Consensus Estimate of $3.32 per share [1]. Revenue for the quarter ended June 30, 2025, was $16.78 billion, slightly missing the Zacks Consensus Estimate of $16.78 billion by 2.91% [2].

Allstate's underwriting performance was a key driver of the strong results. The company's property-liability segment reported underwriting income of $1.28 billion, up from a loss of $145 million in the year-ago period. The segment's underlying combined ratio improved to 79.5%, indicating that the insurer earned more in premiums than it paid out in claims [3]. Net investment income also increased to $754 million from $712 million in the same period last year.

Despite the strong earnings, Allstate shares have underperformed the S&P 500 index this year. Since the beginning of the year, Allstate shares have added about 0.6%, compared to the S&P 500's gain of 8.3% [2]. The company's stock has seen an 11% increase in the last 12 months, closing at $192.28 on Wednesday [1].

Investors will be watching Allstate's future earnings outlook and the broader insurance industry trends to gauge the stock's potential performance. The company has consistently topped consensus revenue estimates just once over the last four quarters, indicating a mixed performance in revenue growth [2].

References:
[1] https://finance.yahoo.com/news/allstate-q2-earnings-snapshot-202750465.html
[2] https://www.nasdaq.com/articles/allstate-all-q2-earnings-top-estimates
[3] https://www.reuters.com/legal/litigation/allstate-quarterly-profit-jumps-underwriting-strength-2025-07-30/