Allstate Q3 Non-GAAP EPS Beats Estimates by $2.80 Despite Revenue Miss

Allstate posted third-quarter non-GAAP earnings per share of $9.76, beating estimates by $2.80, while revenue rose year over year but fell $110 million short of estimates.

Revenue totaled $17.35 billion, up 0.6% from a year earlier. Non-GAAP earnings per share is a per-share earnings measure calculated using a company’s non-GAAP methodology.