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Raymond James analysts lowered their estimates for Allstate, while Barclays analysts cut theirs for Hartford Financial Services.
"The problem in the polling was entirely in their estimates for Hillary Clinton, Bositissaidid.
Many retailers, including Wal-Mart, lowered their estimates for sales growth in December.
It told analysts not to revise their estimates for the year.
According to First Call, analysts lowered their estimates for the quarter twice in the last month.
That led many economists to reduce their estimates for economic growth in the current quarter.
Analysts instantly increased their estimates for Chinese economic growth, commodity consumption and imports.
Analysts have also been lowering their estimates for fourth-quarter profits over the last few weeks.
The deficit numbers prompted several Wall Street analysts to lower their estimates for economic growth for the third quarter.
Instead, most analysts and automakers have been raising their estimates for sales this year and stepping up production figures.
AT&T said investors should not change their estimates for the full company's performance based on the wireless unit's estimate.
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