Globe Life Inc expected to post earnings of $2.90 a share - Earnings Preview

Globe Life

22/07/2024 23:55

* Globe Life Inc  GL.N   GL  is expected to show a rise in
quarterly revenue when it reports  results on July 24 for the
period ending June 30 2024
    * The Mckinney Texas-based  company is expected to report a
9.3% increase in revenue to $1.45 billion from $1.33 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for Globe Life Inc is for
earnings
of $2.90 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Globe Life
Inc is
$97.50​, above​ its last closing price of $88.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  2.79        2.79       2.78      Missed  -0.3
 Dec. 31 2024  2.73        2.73       2.80      Beat    2.5
 Sep. 30 2023  2.65        2.65       2.71      Beat    2.2​
 Jun. 30 2023  2.58        2.57       2.61      Beat    1.4
 ​​Mar.        2.48        2.47       2.53      Beat    2.5
 31 2023                                                
 Dec. 31 2022  2.17        2.17       2.24      Beat    3.3​
 Sep. 30 2022  2.10        2.10       2.15      Beat    2.3
 Jun. 30 2022  2.05        2.05       2.07      Beat    0.8
 This summary was machine generated July 22 at 22:55 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)