8-KEarnings & ResultsExhibits & Filings

ALLSTATE CORP 8-K Report, Financial Results (Oct 15, 2004)

Filed October 15, 2004For Securities:ALLALL-PJALL-PBALL-PHALL-PI

Summary

The Allstate Corporation has filed an 8-K report dated October 15, 2004, detailing information released on October 13, 2004. This filing primarily concerns the company's estimated results for the third quarter of 2004, specifically addressing its financial condition and operations in light of significant hurricane losses. Investors should pay close attention to the magnitude of these hurricane-related impacts on the company's earnings and overall financial performance for the quarter. The press release, furnished as Exhibit 99, likely contains crucial estimates for earnings per share (EPS) and the total financial impact of hurricanes experienced during the third quarter. This information is critical for understanding the company's profitability and risk management during a period marked by severe weather events.

Key Highlights

  • 1Allstate Corp filed an 8-K on October 15, 2004, reporting on events from October 13, 2004.
  • 2The report pertains to the company's financial results and condition for the third quarter of 2004.
  • 3A significant focus of the filing is the estimated impact of hurricane losses on the company's Q3 2004 performance.
  • 4The press release (Exhibit 99) contains estimates for earnings per share (EPS) for the third quarter.
  • 5The filing indicates the magnitude of hurricane losses will affect the company's reported results for the period.
  • 6Investors can find detailed estimates regarding hurricane losses and EPS in the furnished press release.

Frequently Asked Questions

The main purpose of this 8-K filing is to report on Allstate Corporation's estimated financial results and condition for the third quarter of 2004. It specifically addresses the impact of hurricane losses on the company's performance and provides an estimate for earnings per share.

The specific estimates for hurricane losses and earnings per share for the third quarter of 2004 are provided in the press release dated October 13, 2004, which is furnished as Exhibit 99 to this 8-K filing.

Significant hurricane losses can directly impact a property and casualty insurer's profitability, potentially leading to reduced earnings per share and affecting financial reserves and overall financial condition. Investors should carefully review the press release to understand the scale of these losses and their expected effect on Allstate's financial statements.