ALL Earnings Prediction
The chart below shows how ALL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ALL sees a +0.03% change in stock price 10 days leading up to the earnings, and a +2.12% change 10 days following the report. On the earnings day itself, the stock moves by +0.15%. This data can give you a slight idea of what to expect for the next quarter's release.
ALL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
16.51B
11.29%
-0.73%
Gross Margin
--
--
--
Operating Margin
15.51%
17.23%
66.42%
Net Margin
11.45%
14.16%
63.57%
EPS
7.06
26.75%
63.05%
No Data Available
ALL Earnings Analysis
Allstate Corp Corporation (ALL.N) Earnings Conference Call
Positive
Q4 Revenue Increase: Total revenues increased to $16.5 billion in Q4 2024, reflecting an 11.3% growth compared to the prior year quarter.
Net Income Overview: Net income for Q4 2024 was $1.9 billion, contributing to a total of $4.6 billion for the full year.
Strong Profitability Indicator: Adjusted net income return on equity reached 26.8% for the last twelve months, indicating strong profitability.
Property Liability Premium Growth: Property liability earned premiums rose by 10.6% in Q4 and 11.2% for the full year, showcasing robust growth in this segment.
Health Benefits Revenue Generation: The sale of group health and employee voluntary benefits is expected to generate $3.25 billion in proceeds, enhancing shareholder value.
Negative
Customer Retention Decline: Auto insurance policies in force declined by 1.4%, indicating a decrease in customer retention that outweighed a nearly 30% increase in new business applications during the quarter.
California Wildfires Financial Impact: The financial impact of the California wildfires is estimated at $2 billion in gross losses, with net losses expected to be $1.1 billion after reinsurance recoveries, significantly affecting first quarter 2025 earnings.
Health Segment Income Decline: Adjusted net income for the health and benefits segment was $35 million, which is $25 million lower than the prior year quarter due to increased benefit utilization across all three businesses, impacting profitability.
Impact of Health Business Sale: The sale of the group health business is expected to decrease adjusted net income return on equity by about 180 basis points due to lower income and higher equity resulting from the gains on sale.
Underwriting Income Decline: Homeowners insurance underwriting income decreased by $99 million compared to the prior year quarter, primarily due to increased catastrophe losses.
ALL FAQs
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ALL Earning Call Sentiment
The Allstate Corporation (NYSE:ALL) Q4 2024 Earnings Call Transcript
ALL.N
0.21%Positive
The earnings call highlights strong financial performance with a significant increase in total revenues and net income. Despite challenges such as the California wildfires, the company has managed to improve underwriting income and maintain competitive pricing. The Q&A section reveals confidence in ad spend efficiency and competitive positioning. While management was vague on some specifics, the overall sentiment is positive, supported by strong growth in protection plans and proactive capital management. The lack of market cap data suggests a moderate reaction, leading to a positive outlook for stock price movement.
