Investing.com - Allstate (NYSE:ALL) reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Allstate announced earnings per share of $2.24 on revenue of $12.34B. Analysts polled by Investing.com anticipated EPS of $2.84 on revenue of $10.47B.
Allstate shares are down 24% from the beginning of the year and are trading at $134.02 , down-from-52-week-high.They are under-performing the S&P 500 which is down 9.78% from the start of the year.
Allstate shares gained 0.25% in after-hours trade following the report.
Allstate follows other major Financial sector earnings this month
Allstate's report follows an earnings beat by Berkshire Hathaway A on Monday, who reported EPS of $4774.01 on revenue of $70.81B, compared to forecasts EPS of $4,309.9 on revenue of $70.19B.
JPMorgan had missed expectations on Wednesday, April 13, 2022 with first quarter EPS of $2.63 on revenue of $30.72B, compared to forecast for EPS of $2.7 on revenue of $30.66B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar