ALL
FY2026 Q1 · Calendar Q2 2026
The Allstate Corporation
Allstate delivered a substantial Q1 2026 earnings beat, with adjusted EPS of $10.65 exceeding the $7.31 estimate by 45.7%, driven by improved underwriting margins and a 9.8% rise in investment income to $938M. Reported revenue of $14.63B fell 2.9% short of the $15.07B consensus. The company expanded auto market share in 29 states and homeowners share in 41 states while completing a $1.5B buyback and launching a new $4B repurchase program. New initiatives include the ALLIE AI platform, a nationwide homeowners reinsurance program, and free identity protection for customers. The stock initially rose 2.3% post-earnings but subsequently drifted 5.1% lower, suggesting the market is weighing EPS strength against the revenue miss. At $275.36, shares trade approximately 6.5% above the analyst consensus target of $258.46.
EPS surprise+45.7%
Market move+2.3%
