The Allstate Corp Fourth Quarter Earnings Sneak Peek

The Cheat Sheet

S&P 500 component The Allstate Corp will unveil its latest earnings on Wednesday, February 1, 2012. Allstate provides insurance on personal property as well as offering casualty insurance, life insurance, retirement, and investment products.

The Allstate Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 94 cents per share, a rise of 88% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved down. It has risen from 90 cents during the last month. For the year, analysts are projecting profit of 80 cents per share, a decline of 71.8% from last year.

Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of 16 cents per share versus a mean estimate of profit of 11 cents per share.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 3.7% in revenue from the year-earlier quarter to $6.47 billion.

Analyst Ratings: Analysts are bullish on Allstate as 12 analysts rate it as a buy, none rate it as a sell and 12 rate it as a hold.

A Look Back: In the third quarter, profit fell 55% to $165 million (32 cents a share) from $367 million (68 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 4.2% to $8.24 billion from $7.91 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 5.6% in the second quarter from the year earlier, climbed 4.5% in the first quarter from the year-ago quarter and 0.4% in the fourth quarter of the last fiscal year.

Competitors to Watch: Horace Mann Educators Corp. , The Progressive Corp. , Safety Insurance Group, Inc. , 21st Century Holding Co. , The Travelers Companies, Inc. , Hilltop Holdings Inc. , Hallmark Financial Services, Inc. , Tower Group, Inc. , Erie Indemnity Company , and Gainsco, Inc. .

Stock Price Performance: During November 28, 2011 to January 26, 2012, the stock price had risen $3.85 (15.2%) from $25.30 to $29.15. The stock price saw one of its best stretches over the last year between January 4, 2012 and January 12, 2012 when shares rose for seven-straight days, rising 5.5% (+$1.51) over that span. It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight-straight days, falling 9.4% (-$2.86) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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