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Allstate Reports Fourth Quarter Revenue Up 21% Compared to 2018

February 6, 2020 By CollisionWeek Editor

Allstate Corp Auto Insurance Policies in Force

The Allstate Corporation (NYSE:ALL) reported total revenue of $11.47 billion in the fourth quarter of 2019 up 21.0% compared to the prior year quarter. Property-Liability insurance premiums earned increased by 5.4%. Allstate brand auto insurance net written premium grew 3.8%, and policies in force increased 1.5% in the fourth quarter of 2019 compared to the […]

Filed Under: News Tagged With: Allstate Insurance, Earnings

Axalta Reports Fourth Quarter Refinish Sales Up 2.3%, Overall Sales Declined

January 30, 2020 By CollisionWeek Editor

Axalta Coating Systems Ltd. (NYSE:AXTA) reported fourth quarter net sales of $1,098.4 million for the fourth quarter, down 5.8%, including 1.3% negative foreign currency translation impact and a 2.0% impact from the sale of a consolidated Joint Venture (JV) interest in the second quarter. Constant currency organic net sales decreased 2.5% in the period, with […]

Filed Under: News Tagged With: Axalta Coating Systems, Earnings

PPG Reports Fourth Quarter Sales Up Versus 2018

January 17, 2020 By CollisionWeek Editor

PPG Q4 2019 Sales Volumes

Reports above market refinish performance in U.S. and Canada. PPG (NYSE:PPG) reported fourth quarter 2019 net sales of nearly $3.7 billion, up approximately 1% versus the prior year. Net sales in constant currencies grew about 2% year-over-year, aided by higher selling prices of almost 2%. Sales volumes declined nearly 3% versus the prior year. Unfavorable […]

Filed Under: News Tagged With: Earnings, PPG Industries

Universal Technical Institute Reports Fiscal 2019 Revenue Up 4.6%

December 3, 2019 By CollisionWeek Editor

Universal Technical Institute, Inc. (NYSE:UTI) reported financial results for the fiscal 2019 fourth quarter and full year ended September 30, 2019. Fourth quarter revenue increased 9.2% versus the prior year quarter to $87.7 million, driving fiscal 2019 revenue for the full year to $331.5 million, up 4.6% versus the prior year. New student starts, excluding […]

Filed Under: News Tagged With: Earnings, Universal Technical Institute

U.S. Property/Casualty Insurers Preliminary Nine-Month 2019 Results Show 13% Underwriting Income Increase

November 25, 2019 By CollisionWeek Editor

A.M Best reports the U.S. property/casualty (P/C) industry’s net underwriting income improved in the first nine months of 2019 by 13% compared with the same prior-year period to $4.5 billion, as growth in net earned premiums offset year-over-year increases in incurred losses and loss adjustment expenses, underwriting expenses and policyholder dividends. This financial review is […]

Filed Under: News Tagged With: A.M. Best, Earnings, Property Casualty Insurance

Copart Reports Revenue Up Over 20% in Fiscal First Quarter

November 21, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) reported financial results for its fiscal first quarter ended October 31.  For the quarter, revenue was $554.4 million, up 93.1 million or 20.2% over the same period last year. Gross profit was $254.9 million and net income was $218.2 million. These represent an increase in gross profit of $59.0 million, or 30.1%; […]

Filed Under: News Tagged With: Copart, Earnings

Uni-Select Reports Third Quarter Sales of $450.8 million

November 14, 2019 By CollisionWeek Editor

FinishMaster U.S. segment reported sales of $215.7 million. Uni-Select Inc. (TSE:UNS), the parts distributor and parent of FinishMaster, reported consolidated sales of $450.8 million for the third quarter ended September 30, when compared to the same quarter last year, were affected by a foreign currency conversion impact amounting to $6.8 million or 1.5%. Consolidated organic […]

Filed Under: News Tagged With: Earnings, FinishMaster, Uni-Select

IAA Reports Revenue Up Over 11% in Third Quarter

November 14, 2019 By CollisionWeek Editor

IAA, Inc. (NYSE:IAA) announced consolidated revenues increased 11.3% to $357.3 million results for the third quarter of fiscal 2019, which ended September 29, up from $321.1 million in the third quarter of fiscal 2018. John Kett, Chief Executive Officer and President, stated, “We are pleased with our third quarter top and bottom line performance. Our […]

Filed Under: News Tagged With: Earnings, Insurance Auto Auctions

Boyd Group Reports Revenue Up 23.4% in Third Quarter

November 13, 2019 By CollisionWeek Editor

Same store sales up 1.7% on days adjusted basis. The Boyd Group Income Fund (TSE:BYD.UN) today reported its third quarter sales increased by 23.4% to CA$567.0 million ($428.19 million) from CA$459.6 million ($347.08 million) in 2018, including same-store sales increases of 3.3%. Same store sales increased 1.7% on a days adjusted basis, recognizing one additional […]

Filed Under: News Tagged With: Boyd Group, Earnings

LKQ Corporation Announces Revenue of $3.15 Billion, Up 1% in Third Quarter

October 31, 2019 By CollisionWeek Editor

Parts and services organic revenue increased 2.3%; 0.9% on a per day basis. Announces $500 million additional stock buyback. LKQ Corporation (NASDAQ:LKQ) today reported revenue for the third quarter of 2019 of $3.15 billion, an increase of 0.8% as compared to $3.12 billion in the third quarter of 2018. For the third quarter of 2019, […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

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