Allstate Q3 2026: revenue up 0.5%, EPS falls to $8.03 on catastrophes
Allstate's third quarter of 2026 shows an insurance engine that is still underwriting well but reporting much worse numbers: revenue rose 0.5% to $17.35 billion while GAAP earnings per share fell to $8.03 from $13.95. Read the adjusted figures and the underlying combined ratios rather than the headline, because $1.65 billion of catastrophe losses and a prior-year asset sale distort the comparison.
1 · Expected vs. Actual
Free preview belowGAAP earnings per share fell to $8.03 from $13.95, and adjusted earnings per share fell 12.6% to $9.76. Last year's quarter included a $720 million gain on the group health sale worth about $2.71 a share, so the comparison overstates the deterioration. Catastrophe losses of $1.65 billion versus $558 million did the real damage.
Revenue of $17.35 billion rose just 0.5%, as $15.09 billion of Property-Liability earned premiums grew 3.8%. The drag came from a $545 million investment loss versus a $252 million gain a year earlier. Underwriting is growing faster than the top line suggests.
Log in to read 35 analyses a week for free
Create a free account to read 35 full earnings analyses each week — all five steps: expected vs. actual, guidance tracker, money flow, balance sheet and risks. Members get unlimited access.
Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-04
Answers are based on the earnings release and the analysis above. Free accounts get 3 questions a week; members get 30 a day.