The Allstate Corporation: EPS $9.76 vs $6.89 expected; revenue $17.3B vs $15.9B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 9.76 | 6.89 | +41.7% | 11.17 |
| Revenue (USD bn) | 17.30 | 15.87 | +9.0% | 17.06 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Nov 4, 2026 | Q3 FY2026 | 9.76 | 6.89 | +41.7% | 17.30 | 15.87 | +9.0% |
| Aug 5, 2026 | Q2 FY2026 | 8.99 | 6.06 | +48.3% | 15.43 | 15.46 | −0.2% |
| Apr 29, 2026 | Q1 FY2026 | 10.65 | 7.31 | +45.7% | 14.63 | 15.07 | −2.9% |
| Feb 4, 2026 | Q4 FY2025 | 14.31 | 9.83 | +45.6% | 14.57 | 14.53 | +0.3% |
| Nov 5, 2025 | Q3 FY2025 | 11.17 | 7.67 | +45.6% | 17.06 | 15.68 | +8.8% |
| Jul 30, 2025 | Q2 FY2025 | 5.94 | 3.25 | +82.8% | 16.62 | 15.21 | +9.3% |
| Apr 30, 2025 | Q1 FY2025 | 3.53 | 2.52 | +40.1% | 16.46 | 14.05 | +17.1% |
| Feb 5, 2025 | Q4 FY2024 | 7.67 | 5.40 | +42.0% | 16.51 | 13.72 | +20.3% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
The Allstate Corporation results: EPS $9.76 vs $6.89 expected; revenue $17.3B vs $15.9B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 41.7%; revenue above the estimate by 9.0%.
Revenue was up 1.4% from $17.1 billion a year earlier (Q3 FY2025). EPS was down 12.6% from $11.17 a year earlier. On its record, EPS topped analysts' estimates in 7 of 7 earlier comparable reports.
What the results mean
The Allstate Corporation’s results reflect continued strong underwriting profitability in auto and homeowners insurance, supported by policy growth, investment income and Protection Services. Rising catastrophe losses pressured earnings, while net income also reflected investment and derivative losses and the absence of a group health business sale gain that supported the prior comparison.
Expanded distribution, increased marketing and new products helped attract auto insurance business, while a shift toward products with lower premiums constrained premium growth despite an expanding policy base. In homeowners insurance, policy growth and rising average premiums supported revenue, with catastrophe losses weighing on profitability.
Management highlighted expanding Protection Services and growing international Protection Plans revenue, alongside the use of its artificial intelligence ecosystem for service calls. Auto insurance earnings quality warrants attention, as releases of reserves for earlier claims helped cushion rising underlying losses.
What to watch on the earnings call: The ability of new products and distribution channels to attract customers while preserving underwriting margins, the effect of product mix on auto premiums, underlying claims losses and the contribution of reserve releases to earnings, homeowners catastrophe exposure, and the drivers of international Protection Plans growth and artificial intelligence adoption in customer service.
For the full analysis of The Allstate Corporation stock — valuation, scores and financial statements — see the stock page linked with this story.