Investing.com - Allstate (NYSE:ALL) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Allstate announced earnings per share of $5.87 on revenue of $8.61B. Analysts polled by Investing.com anticipated EPS of $3.83 on revenue of $9.18B.
Allstate shares are down 0.85% from the beginning of the year and are trading at $109.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.97% from the start of the year.
Allstate follows other major Financial sector earnings this month
Allstate's report follows an earnings beat by JPMorgan on Friday, January 15, 2021, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
Mastercard had beat expectations on Thursday, January 28, 2021 with fourth quarter EPS of $1.64 on revenue of $4.12B, compared to forecast for EPS of $1.52 on revenue of $4B.
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