NYSE$ALL

Allstate Corp · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Allstate delivered strong results driven by growth in policies and strategic execution.

Allstate Corporation reported strong Q3 2020 financial results, with a 27% increase in total policies in force and an 18.9% return on equity. Net income was $1.1 billion, driven by higher auto insurance underwriting income and net realized capital gains, despite high catastrophe losses and restructuring charges.

  • Total policies in force increased 27% over the last 12 months.
  • Property-Liability underlying combined ratio was excellent.
  • Net income was $1.1 billion for the quarter.
  • Allstate Protection Plans growing policies 40% since the prior year with adjusted net income increasing to $36 million for the quarter.

Headline financials

Total Revenue

$11.5B

Previous: $11.1B+3.9%
EPS (adj)

$2.94

Previous: $2.84+3.5%
P&C Combined Ratio

91.6%

Previous: 91.6%+0.0%
P&C Underlying Combined Ratio

79.7%

Previous: 86.3%-7.6%
Capital Expenditures

-$235M

Previous: -$293M+19.8%
Free Cash Flow

$918M

Previous: $638M+43.9%
Net Income

$1.15B

Previous: $931M+23.8%
Operating Income

$8.25B

Previous: $7.97B+3.4%
Gross Profit

$9.86B

Previous: $9.48B+4.0%
Cash & Equivalents

$370M

Previous: $587M-37.0%
Total Assets

$123B

Previous: $121B+1.4%

Revenue & EPS history

Allstate · Revenue · Quarterly

$11.5B

Q3 2020+3.9%vs Q3 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Allstate · $498M total across 5 segments · Q3 2020

  • Protection Plans
    $257M+45.2%
  • Dealer Services
    $129M+12.2%
  • Roadside
    $59M-13.2%
  • Identity Protection
    $28M+21.7%
  • Arity
    $25M-28.6%

Forward guidance

This news release contains forward-looking statements that anticipate results based on estimates, assumptions and plans that are subject to uncertainty.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

+0.3%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+2.1%

Avg return

30 days after

53%

39 / 73 earnings

Positive

+5.7%

Q2 2025

Best reaction

-9.9%

Q2 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%+2.9%-2.8%
Q4 2025+3.9%-2.9%+2.5%
Q3 2025+1.5%+6.5%+3.9%
Q2 2025+5.7%+6.9%+5.8%
Q1 2025-0.6%+1.8%+5.8%
Q4 2024-0.6%-1.9%+4.0%
Q3 2024-0.0%-2.3%+11.2%
Q2 2024+2.2%-2.6%+8.8%
Q1 2024-0.5%+0.0%-1.5%
Q4 2023+2.8%+1.3%-0.3%
Q3 2023+2.5%+1.9%+7.5%
Q2 2023-5.5%-2.5%-4.3%
Q1 2023+1.5%+3.3%-2.1%
Q4 2022+2.7%-7.6%-0.3%
Q3 2022-1.4%+2.4%+4.1%
Q2 2022-1.5%+2.2%+5.0%
Q1 2022+1.4%-0.6%+1.7%
Q4 2021+2.5%+5.1%+7.4%
Q3 2021-6.5%-6.5%-13.5%
Q2 2021-2.1%+1.5%+2.5%
Q1 2021+3.7%+5.2%+6.6%
Q4 2020-3.3%-3.1%+0.7%
Q3 2020-2.7%+1.0%+12.3%
Q2 2020-1.5%+0.7%-3.0%
Q1 2020+1.1%+0.4%+1.5%
Q4 2019+4.7%+4.5%-8.9%
Q3 2019-1.5%-0.7%+5.1%
Q2 2019+5.5%+2.7%+0.4%
Q1 2019-0.8%-1.4%-3.6%
Q4 2018+4.2%+4.1%+5.0%
Q3 2018-5.8%-5.3%-6.6%
Q2 2018+2.5%+3.4%+5.7%
Q1 2018-3.8%-3.4%-4.4%
Q4 2017-6.8%-6.1%-0.6%
Q3 2017+4.3%+5.6%+9.8%
Q2 2017+3.5%+3.5%-0.5%
Q1 2017+0.6%-0.9%+2.0%
Q4 2016+2.9%+3.8%+8.8%
Q3 2016+1.3%-0.5%+5.1%
Q2 2016+0.7%+1.6%+1.2%
Q1 2016+3.8%
Q4 2015+3.5%
Q3 2015+2.1%
Q2 2015-9.9%
Q1 2015-3.6%
Q4 2014+0.4%
Q3 2014+1.1%
Q2 2014+2.5%
Q1 2014+1.2%
Q4 2013+4.9%
Q3 2013-0.6%
Q2 2013+2.6%
Q1 2013-2.1%
Q4 2012+1.7%
Q3 2012-2.7%
Q4 2011+4.7%
Q2 2012+4.7%
Q1 2012+2.5%
Q3 2011-3.9%
Q2 2011-0.3%
Q1 2011-1.3%
Q4 2010-0.1%
Q3 2010-6.9%
Q2 2010-0.4%
Q1 2009+0.0%
Q1 2010+1.3%
Q4 2009-0.1%
Q4 2007-0.1%
Q3 2009-2.3%
Q3 2008-2.3%
Q2 2009+0.5%
Q2 2008+0.5%
Q4 2008+0.5%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro