Allstate: Q4 Earnings Snapshot

NORTHBROOK, Ill. (AP) _ Allstate Corp. (ALL) on Wednesday reported a fourth-quarter loss of $284 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Northbrook, Illinois-based company said it had a loss of $1.17. Losses, adjusted for non-recurring gains, came to $1.36 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $1.37 per share.

The insurer posted revenue of $13.65 billion in the period. Its adjusted revenue was $13.55 billion.

Allstate shares have fallen 5.5% since the beginning of the year, while the S&P's 500 index has climbed slightly more than 7%. In the final minutes of trading on Wednesday, shares hit $128.16, an increase of 8% 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