Allstate misses by 4 cents that says it all
tvrw and steve (numbers,numbers).you guysare funny. make us laugh some more. this board sureneeds it.better yet! probably need some humor onthe board of directors.i'll vote for yall.
soon hours to be 9 to 9---no more half days on saturday!!!!oops,hope corporate types aren't watching.
If ALL did not repurchase $300M, their earnings would have been $1.31/share ($770M+$299M)/(810.5M shr + 8.2M shr). Wake up and do the math. ALL is a cash generating machine!
Money spent on repurchasing stock does not reduce Profit. The source of the cash is strictly a Balance sheet reduction.
Check out this site (granted, its 3 months old) which lists Allstate as one of the 25 most undervalued stocks:http://www.walkrich.com/value_investing/techlink.htm