* Q3 oper EPS $1.46 vs consensus $1.13
* Margins up, disaster losses down
Oct 31 (Reuters) - Home and auto insurer Allstate Corp reported a larger profit for the third quarter on a decline in disaster losses and improving margins, but made no mention of potential impacts from the devastating Hurricane Sandy.
Allstate, one of the biggest insurers in the northeastern United States, is considered one of the most exposed companies to insured losses from Sandy, which some estimate to be as much as $15 billion.
Allstate reported a net profit of $723 million, or $1.48 per share, compared with a year-earlier profit of $175 million or 34 cents per share.
On an operating basis, Allstate earned $1.46 per share. Analysts polled by Thomson Reuters I/B/E/S on average expected earnings per share of $1.13.