10-Q/APeriod: Q3 FY2012

ALLSTATE CORP Quarterly Report (Amendment) for Q3 Ended Sep 30, 2012

Filed November 1, 2012For Securities:ALLALL-PJALL-PBALL-PHALL-PI

Summary

This filing is an amendment (10-Q/A) to Allstate Corporation's (ALL) previously filed Form 10-Q for the quarterly period ended September 30, 2012. The amendment specifically corrects an error on the cover page regarding the number of common shares outstanding as of October 17, 2012. The originally reported figure of 418,222,228 shares has been corrected to 481,777,772 shares. All other information presented in the original 10-Q filing remains unchanged by this amendment. For investors, this filing primarily serves as a clarification of share count, which is a fundamental data point. While the operational and financial performance details from the original 10-Q are not reiterated or altered here, investors should note that the corrected share count impacts per-share metrics and total equity valuation if they were using the incorrect figure. The company confirms it is a large accelerated filer and has submitted all required Interactive Data Files electronically.

Financial Statements
Beta
Revenue$8.13B
Interest Expense$93.00M
Net Income$723.00M
EPS (Basic)$1.49
EPS (Diluted)$1.48
Shares Outstanding (Basic)485.90M
Shares Outstanding (Diluted)489.90M

Key Highlights

  • 1Amendment corrects the number of outstanding common shares as of October 17, 2012, from 418,222,228 to 481,777,772.
  • 2This amendment does not alter any other financial or operational information contained in the original Form 10-Q filing.
  • 3Allstate Corporation is classified as a large accelerated filer.
  • 4The company has submitted all required Interactive Data Files electronically for the preceding 12 months.
  • 5The filing includes certifications from the Principal Executive Officer and Principal Financial Officer as required by Rule 13a-14(a).
  • 6This is an amendment to the quarterly report filed on October 31, 2012.

Frequently Asked Questions

The primary purpose of this 10-Q/A filing is to amend the cover page of the original Form 10-Q to correct an error in the reported number of common shares outstanding as of October 17, 2012. The correct number of shares outstanding is 481,777,772, not the previously reported 418,222,228.

No, this amendment specifically addresses a factual error on the cover page regarding the number of outstanding shares. It explicitly states that all other items of the Original Form 10-Q are unaffected and have not been included in this amendment. Therefore, financial performance and operational results are not altered by this filing.

The number of outstanding shares is crucial for investors as it directly impacts key per-share metrics such as Earnings Per Share (EPS), and it is a fundamental component in calculating the company's total market capitalization and equity valuation. An incorrect share count can distort these important analytical measures.

The original Form 10-Q for the quarterly period ended September 30, 2012, was filed with the SEC on October 31, 2012.