Allstate (ALL)

Allstate reported Q3 earnings of $0.41 per share on net income of $221 million versus a loss of $1.70 per share on a net loss of $923 million in the year ago period.
“Allstate delivered strong operating income of $538 million and increased book value per share by 16% during the third quarter, thanks to our operating discipline and proactive approach to investing,” said Thomas J. Wilson, chairman, president and CEO of The Allstate Corporation. “For the third quarter in a row, customer loyalty increased and we delivered a double-digit percentage increase in new standard auto business. By focusing on the customer and maintaining our financial strength, we are building a foundation for sustainable growth.”

Nov 5 · 3:26:00 PM · Source: Company News Release
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by Michael Oliveto