Allstate Corp., US0200021014

Allstate stock faces underwriting test before November 4 results

Published on 11/03/2026 at 16:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Allstate stock faces a margin test before its November 4 results. Analysts expect weaker underwriting despite higher premiums and revenue.

What investors should watch next

Allstate is due to report third-quarter results after the market close on Wednesday, November 4.
Analysts expect lower quarterly profit despite higher revenue.
Underwriting performance in Property-Liability and Auto is the central earnings test.
Management is scheduled to discuss the results on Thursday, November 5.

Allstate Corp., US0200021014, Illustration mit AI erstellt.

Allstate is heading into its third-quarter earnings release with analysts focused on weaker underwriting rather than top-line momentum. In an analysis published on November 2, Zacks Investment Research projected quarterly earnings of 7.03 US dollars per share and revenue of 17.84 billion US dollars. AD HOC NEWS reported the outlook on Tuesday, November 3.

Underwriting is the central test

Zacks expects underwriting income in Allstate's Property-Liability business to fall 55.7 percent from the year-earlier quarter. The projected combined ratio is 91.4 percent, compared with 80.1 percent a year earlier. A higher ratio signals that claims and expenses are taking a larger share of premiums.

Auto underwriting income is forecast at 1.1 billion US dollars, down from 1.7 billion US dollars in the comparable quarter. Analysts also expect net premiums earned to rise 5.6 percent and net investment income to increase by 2 percent from 949 million US dollars. Protection Services could provide some balance, with adjusted net income projected to rise 29 percent.

Results set the next catalyst

Allstate plans to release its third-quarter figures after the market close on Wednesday, November 4. The release covers the quarter ended September 2026. Management is scheduled to discuss the figures during a webcast and conference call at 9:00 a.m. Eastern Time on Thursday, November 5.

The report will show whether premium growth and investment income can offset pressure in claims-related profitability. Investors are likely to focus on Auto and homeowners insurance, claims trends, pricing and management's assessment of underwriting conditions.

Allstate stock traded at 233.25 euros on Lang & Schwarz at 4:04 p.m. CET on Tuesday, November 3, 2026. Follow the real-time quote of Allstate stock.