Allstate (NYSE: ALL ) is expected to report Q4 earnings on Feb. 6. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Allstate's revenues will grow 2.0% and EPS will shrink to a loss.
The average estimate for revenue is $6.74 billion. On the bottom line, the average EPS estimate is -$0.02.
Last quarter, Allstate logged revenue of $6.70 billion. GAAP reported sales were 1.4% lower than the prior-year quarter's $8.24 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.46. GAAP EPS of $1.48 for Q3 were 335% higher than the prior-year quarter's $0.34 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 26.5%, 1,190 basis points better than the prior-year quarter. Operating margin was 14.0%, 1,020 basis points better than the prior-year quarter. Net margin was 8.9%, 680 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $26.84 billion. The average EPS estimate is $3.72.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Allstate is outperform, with an average price target of $40.90.
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