Investing.com - Allstate (NYSE:ALL) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Allstate announced earnings per share of $2.94 on revenue of $11.50B. Analysts polled by Investing.com anticipated EPS of $1.8 on revenue of $9.63B.
Allstate shares are down 18.15% from the beginning of the year and are trading at $94.20 , down-from-52-week-high.They are under-performing the S&P 500 which is up 6.58% from the start of the year.
Allstate shares gained 2.35% in after-hours trade after the report.
Allstate follows other major Financial sector earnings this month
Allstate's report follows an earnings beat by UnitedHealth on Wednesday, October 14, 2020, who reported EPS of $3.51 on revenue of $65.12B, compared to forecasts EPS of $3.11 on revenue of $63.79B.
Mastercard had missed expectations on Wednesday, October 28, 2020 with third quarter EPS of $1.6 on revenue of $3.84B, compared to forecast for EPS of $1.61 on revenue of $3.84B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar