Allstate (ALL Quick QuoteALL - Free Report) reported $15.82 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 11.9%. EPS of $1.61 for the same period compares to -$4.42 a year ago.

The reported revenue represents a surprise of +1.69% over the Zacks Consensus Estimate of $15.55 billion. With the consensus EPS estimate being $0.33, the EPS surprise was +387.88%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Allstate performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Combined Ratio - Property-liability

  : 101.1% versus the eight-analyst average estimate of 103.1%.

• Expense Ratio - Property-liability

  : 21.3% compared to the 20.9% average estimate based on seven analysts.

• Loss Ratio - Property-liability

  : 79.8% compared to the 82.6% average estimate based on seven analysts.

• Combined Ratio - Auto

  : 95.9% compared to the 99.7% average estimate based on five analysts.

• Property-Liability- Net Premiums Earned

  : $13.34 billion versus the eight-analyst average estimate of $13.28 billion. The reported number represents a year-over-year change of +11.9%.

• Property-Liability- Net Investment Income

  : $643 million versus the seven-analyst average estimate of $655.89 million. The reported number represents a year-over-year change of +18.2%.

• Property-Liability- Other Revenue

  : $441 million compared to the $428.14 million average estimate based on seven analysts. The reported number represents a change of +13.4% year over year.

• Allstate Health and Benefits- Other Revenue

  : $121 million versus $118.62 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +19.8% change.

• Corporate and Other- Net Investment Income

  : $21 million versus the six-analyst average estimate of $21.23 million. The reported number represents a year-over-year change of -22.2%.

• Allstate Health and Benefits- Accident and health insurance premiums and contract charges

  : $474 million compared to the $464.39 million average estimate based on six analysts.

• Revenues- Net investment income

  : $712 million versus $731.45 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +16.7% change.

• Allstate Health and Benefits- Net Investment Income

  : $25 million compared to the $22.60 million average estimate based on six analysts. The reported number represents a change of +19.1% year over year.

View all Key Company Metrics for Allstate here>>>

Shares of Allstate have returned +8.4% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.