Allstate Q2 Profit Rises - Quick Facts

(RTTNews) - The Allstate Corporation (ALL) reported that its second-quarter net income to shareholders increased to $614 million or $1.39 per share, from $434 million or $0.92 per share, prior year. Operating income was $445 million or $1.01 per share, for the quarter.

On average, 26 analysts polled by Thomson Reuters expected the company to report profit per share of $0.70 for the quarter. Analysts' estimates typically exclude special items.

Property-liability insurance premiums were $7.20 billion, compared to $6.86 billion, a year ago. Consolidated revenues increased to $8.86 billion from $8.79 billion, prior year. Analysts expected revenue of $7.45 billion for the quarter.