Allstate Expects Up To $930M For Q1 Profit

NU Online News Service, April 8, 3:55 p.m. EDT?The Allstate Corporation said it will report better-than-expected first-quarter results, with net income in the range of $900 million to $930 million?improving from $665 million in income the company reported during the 2003 first quarter.[@@]

Following the Allstate's announcement, the company's shares, listed on the New York Stock Exchange, jumped more than four percent in the morning trading, to reach their highest level since 1998.

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