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Allstate Full Year 2022 Earnings: EPS Beats Expectations, Revenues Lag

Allstate (NYSE:ALL) Full Year 2022 Results

Key Financial Results

  • Revenue: US$51.4b (up 1.6% from FY 2021).

  • Net loss: US$1.42b (down by 128% from US$5.08b profit in FY 2021).

  • US$5.22 loss per share (down from US$17.23 profit in FY 2021).

ALL Profitability Indicators

  • Combined ratio: 106.6% (up from 95.9% in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Allstate EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 6.4%.

The company's shares are up 2.7% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Allstate, and understanding this should be part of your investment process.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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