Allstate Shares Tick Higher After Earnings Beat

By Wallace WitkowskiMarketWatch Pulse

Allstate Corp. shares ticked higher in the extended session Wednesday after the insurer topped Wall Street estimates for the quarter. Allstate shares rose 0.6% to $60 after hours. The company reported fourth-quarter operating earnings of $1.60 a share on $7.68 billion in premiums written. Analysts surveyed by FactSet had forecast operating earnings of $1.34 a share on premiums written of $7.6 billion.

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