The Allstate Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
July 31, 2024 at 04:18 pm EDT
The Allstate Corporation reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported revenue was USD 15,714 million compared to USD 13,979 million a year ago. Net income was USD 331 million compared to net loss of USD 1,352 million a year ago. Basic earnings per share from continuing operations was USD 1.14 compared to basic loss per share from continuing operations of USD 5.29 a year ago. Diluted earnings per share from continuing operations was USD 1.13 compared to diluted loss per share from continuing operations of USD 5.29 a year ago.
For the six months, revenue was USD 30,973 million compared to USD 27,765 million a year ago. Net income was USD 1,549 million compared to net loss of USD 1,672 million a year ago. Basic earnings per share from continuing operations was USD 5.65 compared to basic loss per share from continuing operations of USD 6.59 a year ago. Diluted earnings per share from continuing operations was USD 5.58 compared to diluted loss per share from continuing operations of USD 6.59 a year ago.