Allstate

Q2 FY2026 EarningsQ2 FY26 performance significantly outperformed consensus across all key metrics: total revenue of $18.6B beat expectations by 7.47%, and normalized EPS of $8.99 was 48.03% above the $6.07 consensus. The variance was driven by robust underwriting results in the Property-Liability segment, with the combined ratio improving 4.5 points YoY to 86.6, alongside a 33.82% beat in net investment income. Management accelerated shareholder returns, repurchasing $1.0B in shares during the quarter.