Investing.com - Allstate (NYSE:ALL) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.24 on revenue of $8.37B. Analysts polled by Investing.com anticipated EPS of $1.1 on revenue of $8.09B. That compared to EPS of $2.09 on revenue of $9.85B in the same period a year earlier. The company had reported EPS of $1.93 on revenue of $8.8B in the previous quarter.
For the year, Allstate shares are up 7.66%, under-performing the S&P 500 which is up 10.53% year to date.
Allstate follows other major Financial sector earnings this month
On Tuesday, January 15, 2019, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.84B.
Bank of America earnings beat analyst's expectations on Wednesday, January 16, 2019, with fourth quarter EPS of $0.7 on revenue of $22.74B. Investing.com analysts expected EPS of $0.63 on revenue of $22.35B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar