Allstate (ALL) reported fiscal Q1 adjusted earnings on Wednesday of $3.53 per diluted share, compared with $5.13 a year earlier.
Analysts polled by FactSet expected $2.52.
Revenue for the quarter ended March 31 was $16.45 billion, compared with $15.26 billion a year earlier.
Four analysts surveyed by FactSet expected $16.57 billion.