NORTHFIELD TOWNSHIP (dpa-AFX) - The Allstate Corp (ALL) released earnings for its fourth quarter that Increases, from the same period last year
The company's earnings totaled $3.803 billion, or $14.37 per share. This compares with $1.899 billion, or $7.07 per share, last year.
Excluding items, The Allstate Corp reported adjusted earnings of $3.788 billion or $14.31 per share for the period.
The company's revenue for the period rose 5.1% to $17.345 billion from $16.506 billion last year.
The Allstate Corp earnings at a glance (GAAP) :
-Earnings: $3.803 Bln. vs. $1.899 Bln. last year. -EPS: $14.37 vs. $7.07 last year. -Revenue: $17.345 Bln vs. $16.506 Bln last year.
Further, the company said: 'The common shareholder dividend will increase to $1.08, payable on April 1, 2026, to stockholders of record at the close of business on March 2, 2026. In addition, a $4.0 billion share repurchase program, over 24 months, will commence once the existing $1.5 billion program has been fully executed.'
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