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The Allstate Corp Q2 adjusted earnings Beat Estimates

The Allstate Corp (ALL) announced earnings for its second quarter that increased from the same period last year.

The company's bottom line came in at $821 million, or $2.44 per share. This compares with $678 million, or $1.91 per share, in last year's second quarter.

Excluding items, The Allstate Corp reported adjusted earnings of $735 million or $2.18 per share for the period.

Analysts had expected the company to earn $1.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.3% to $11.14 billion from $10.10 billion last year.

The Allstate Corp earnings at a glance:

-Earnings (Q2): $735 Mln. vs. $710 Mln. last year.
-EPS (Q2): $2.18 vs. $2.00 last year.
-Analysts Estimate: $1.53
-Revenue (Q2): $11.14 Bln vs. $10.10 Bln last year.

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