These 3 Stocks are Up Big Before Earnings

The Allstate Corp (NYSE:ALL) will unveil its latest earnings on Monday, October 31, 2011. The average estimate of analysts is for profit of 15 cents per share, a decline of 81.9% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 75 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 28 cents during the last month. For the year, analysts are projecting net income of 82 cents per share, a decline of 71.1% from last year.

The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by 30 cents, reporting net loss of $1.23 per share against a mean estimate of a loss of $1.53. In the first quarter, the company exceeded forecasts by 25 cents with profit of 93 cents versus a mean estimate of net income of 68 cents. On average, analysts predict $6.74 billion in revenue this quarter, a decline of 0.4% from the year ago quarter. Analysts are forecasting total revenue of $25.89 billion for the year, a decline of 0.1% from last year’s revenue of $25.91 billion.

Competitors to Watch: Horace Mann Educators Corp. (NYSE:HMN), The Progressive Corp. (NYSE:PGR), Safety Insurance Group, Inc. (NASDAQ:SAFT), 21st Century Holding Co. (NASDAQ:TCHC), The Travelers Companies, Inc. (NYSE:TRV), Hilltop Holdings Inc. (NYSE:HTH), Hallmark Financial Services, Inc. (NASDAQ:HALL), Tower Group, Inc. (NASDAQ:TWGP), Erie Indemnity Company (NASDAQ:ERIE), and Gainsco, Inc. (AMEX:GAN).

Humana, Inc. (NYSE:HUM) will unveil its latest earnings on Monday, October 31, 2011. The average estimate of analysts is for net income of $2.02 per share, a rise of 0.5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $1.97. Between one and three months ago, the average estimate moved up. It has risen from $2.01 during the last month. For the year, analysts are projecting profit of $7.68 per share, a rise of 7% from last year.

Last quarter, the company beat estimates by 43 cents, coming in at net income of $2.50 a share versus the estimate of profit of $2.07 a share. It marked the fourth straight quarter of beating estimates.Analysts are projecting a rise of 9.9% in revenue from the year-earlier quarter to $9.25 billion.

Competitors to Watch: CIGNA Corporation (NYSE:CI), WellPoint, Inc. (NYSE:WLP), UnitedHealth Group Inc. (NYSE:UNH), Universal American Corp. (NYSE:UAM), HealthSpring, Inc (NYSE:HS), Aetna Inc. (NYSE:AET), Molina Healthcare, Inc. (NYSE:MOH), Health Net, Inc. (NYSE:HNT), Triple-S Management Corp. (NYSE:GTS), and WellCare Health Plans, Inc. (NYSE:WCG).

CIGNA Corp (NYSE:CI) will unveil its latest earnings on Friday, October 28, 2011. The average estimate of analysts is for net income of $1.23 per share, a rise of 11.8% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved down. It has risen from $1.22 during the last month. Analysts are projecting profit to rise by 14% versus last year to $5.29.

Last quarter, the company beat estimates by 24 cents, coming in at profit of $1.53 a share versus the estimate of net income of $1.29 a share. It marked the fourth straight quarter of beating estimates. On average, analysts predict $5.46 billion in revenue this quarter, a rise of 3.6% from the year ago quarter. Analysts are forecasting total revenue of $21.85 billion for the year, a rise of 2.8% from last year’s revenue of $21.25 billion.

Competitors to Watch: Humana Inc. (NYSE:HUM), WellPoint, Inc. (NYSE:WLP), Aetna Inc. (NYSE:AET), UnitedHealth Group Inc. (NYSE:UNH), Health Net, Inc. (NYSE:HNT), Universal American Corp. (NYSE:UAM), HealthSpring, Inc (NYSE:HS), Molina Healthcare, Inc. (NYSE:MOH), Coventry Health Care, Inc. (NYSE:CVH), and WellCare Health Plans, Inc. (NYSE:WCG).