Allstate Corp. (ALL) reported that its second-quarter net income was $423 million, or $0.86 per share, compared to a net loss of $624 million, or $1.19 per share in the prior year quarter.
Operating income for the quarter was $432 million, or $0.87 per share, compared to an operating loss of $647 million, or $1.24 per share in the comparable quarter last year.
Consolidated revenues for the quarter rose to $8.28 billion from $8.08 billion last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.51 per share on revenues of $6.82 billion for the quarter. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.