Globe Life Inc expected to post earnings of $3.06 a share - Earnings Preview

Globe Life

21/10/2024 22:56

* Globe Life Inc  GL.N   GL  is expected to show a rise in
quarterly revenue when it reports  results on October 23 for the
period ending September 30 2024
    * The Mckinney Texas-based  company is expected to report a
5.8% increase in revenue to $1.464 billion from $1.38 billion a
year ago, according to the mean estimate from 5 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 $3.06 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "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
$117.00​, above​ its last closing price of $110.24. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  2.91        2.91       2.97      Beat    2.2
 Mar. 31 2024  2.79        2.79       2.78      Missed  -0.3
 Dec. 31 2023  2.73        2.65       2.80      Beat    2.5​
 Sep. 30 2023  2.65        2.65       2.71      Beat    2.2
 ​​Jun.        2.58        2.57       2.61      Beat    1.4
 30 2023                                                
 Jan. 1 0001   2.48        2.47       2.53      Beat    2.5​
 Dec. 31 2022  2.17                   2.24              3.3
 Sep. 30 2022  2.10        2.10       2.15      Beat    2.3
 This summary was machine generated October 21 at 21:55 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)