More on Allstate (ALL): Q4 surprises with a profit, a new buyback program and its largest...

|About: Allstate Corporation (ALL)|By:, SA News Editor

More on Allstate (ALL): Q4 surprises with a profit, a new buyback program and its largest dividend increase since the financial crisis - despite taking a $1.1B hit from superstorm Sandy. Operating EPS of $0.59 blew away expectations of a $0.05 loss, driven by higher investment income and improved underwriting results outside of the tri-state area. Shares +2.7% AH.