The Allstate Earnings Preview: Can This Streak Continue?

The Allstate (NYSE:ALL) will report earnings after markets close on Wednesday, May 1st. The Allstate Corporation, through its subsidiaries, provides property-liability insurance, as well as other types of insurance in the United States and Canada. The Company primarily sells private passenger automobile and homeowners insurance through independent and specialized brokers. Allstate also sells life insurance, annuity, and group pension products through agents.

Here is your Cheat Sheet to The Allstate Earnings:

Earnings Expectations: Analysts expect earnings of $1.32 per share on revenues of $6.60 billion. Currently, the company’s P/E ratio stands at 10.62.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.09 to a profit $1.11. For the current year, the average estimate is a profit of $4.73, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how The Allstate has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 29,390 32,010 31,400 32,650 33,320
Diluted EPS ($) -3.06 1.58 1.71 1.50 4.68

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 8,236 8,362 8,278 8,128 8,547
Diluted EPS ($) 1.360 1.53 0.86 1.48 0.8075

Past Performance:
The Allstate has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)