The Allstate Corp Q3 adjusted earnings Beat Estimates

(RTTNews) - The Allstate Corp (ALL) reported a profit for its third quarter that advanced from the same period last year.

The company's profit totaled $1.13 billion, or $3.58 per share. This compares with $0.89 billion, or $2.67 per share, in last year's third quarter.

Excluding items, The Allstate Corp reported adjusted earnings of $923 million or $2.94 per share for the period.

Analysts had expected the company to earn $1.66 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.9% to $11.50 billion from $11.07 billion last year.

The Allstate Corp earnings at a glance:

-Earnings (Q3): $923 Mln. vs. $946 Mln. last year. -EPS (Q3): $2.94 vs. $2.84 last year. -Analysts Estimate: $1.66 -Revenue (Q3): $11.50 Bln vs. $11.07 Bln last year.