Allstate Corp. shares rose in the extended session Tuesday after the insurance company reported quarterly results that topped Wall Street estimates and a share buyback program. Allstate shares rose 3.5% to $94.21 after hours. The company reported second-quarter net income of $550 million, or $1.49 a share, compared to $242 million, or 64 cents a share, in the year-ago period. Operating earnings were $1.38 a share. Revenue rose to $9.59 billion from $9.16 billion in the year-ago period. Analysts surveyed by FactSet had estimated 88 cents a share on revenue of $8.31 billion. Allstate also announced its board had approved a $2 billion share buyback program, which is expected to conclude by February 2019.
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