The Allstate Corp Earnings Decline 67% In Q1

(RTTNews) - The Allstate Corp (ALL) announced a profit for first quarter that fell from last year.

The company said its earnings dropped to $217 million, or $0.57 per share. This was down from $648 million, or $1.53 per share, in last year's first quarter.

The company said revenue for the quarter fell 0.9% to $8.87 billion. This was down from $8.95 billion last year.

The Allstate Corp earnings at a glance:

-Earnings (Q1): $217 Mln. vs. $648 Mln. last year. -Earnings Decline (Y-o-Y): -66.5% -EPS (Q1): $0.57 vs. $1.53 last year. -EPS Decline (Y-o-Y): -62.7% -Revenue (Q1): $8.87 Bln vs. $8.95 Bln last year. -Revenue Change (Y-o-Y): -0.9%