Allstate's (ALL) Q4 results are likely to reflect the impacts of lower net investment income and significant catastrophe losses, partly mitigated by the growing Property-Liability segment's premiums.

Allstate (ALL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Investors need to pay close attention to Allstate (ALL) stock based on the movements in the options market lately.

In relatively prosperous times, insurance stocks are considered by many to be safe investments. Dispiriting preliminary results were the culprit behind the decline. On Wednesday, Allstate furnished a set of projections for its fourth quarter.

Allstate (ALL) expects its premiums to register year-over-year increase in the fourth quarter of 2022 resulting from continued rate increases. However, catastrophe losses might dampen its underwriting results.

Allstate followed on the heels of [rival Travelers Cos](https://www.wsj.com/livecoverage/stock-market-news-today-01-17-2023/card/winter-storm-s-costs-deal-heavier-than-expected-blow-to-travelers-shares-cEJJmJd0FtbqT1LoU6gC). with a pre-announcement of disappointing estimated fourth-quarter earnings, similarly driven by heavy claims costs from Winter Storm Elliott and continuing poor car-insurance results. Shares of the big car and home insurer were down more than 5% in morning trading. “Mayhem!”

By Liz Moyer

NORTHBROOK, Ill., January 18, 2023--The Allstate Corporation (NYSE: ALL) today announced preliminary results for the fourth quarter of 2022, with an estimated net loss between $285 million and $335 million and estimated adjusted net loss* between $335 million and $385 million.

Travelers Cos. shares dropped sharply Tuesday after the big property-casualty insurer announced an unexpectedly large estimate for its fourth-quarter costs from winter storms. The news left investors concerned about disappointments at other property insurers. Shares of Travelers were down more than 6% in the wake of the preliminary fourth-quarter results. The company said it expects net income of $819 million, including catastrophe losses of $459 millions pre-tax, net of reinsurance. Those catas

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