Allstate: Q3 Earnings Snapshot

NORTHBROOK, Ill. (AP) _ Allstate Corp. (ALL) on Wednesday reported a third-quarter loss of $668 million, after reporting a profit in the same period a year earlier.

The Northbrook, Illinois-based company said it had a loss of $2.58 per share. Losses, adjusted for non-recurring costs, came to $1.56 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $1.57 per share.

The insurer posted revenue of $13.21 billion in the period. Its adjusted revenue was $13.38 billion.

Allstate shares have climbed almost 5% since the beginning of the year, while the S&P's 500 index has fallen 21%. In the final minutes of trading on Wednesday, shares hit $123.34, a decrease of 1.5% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALL at https://www.zacks.com/ap/ALL