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Globe Life Inc reports results for the quarter ended June 30 - Earnings Summary

Globe Life Inc GL.N reported quarterly adjusted earnings of $3.27​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.97.  The mean expectation of eleven analysts for the quarter was for earnings of $3.24 per share. Wall Street expected results to range from $3.20  to $3.32 per share.

Revenue rose 2.8% to $1.48 billion from a year ago; analysts expected $1.50 billion.

Globe Life Inc's reported EPS for the quarter was $3.05​.

The company reported quarterly net income of $252.75 million.

Globe Life Inc shares had fallen by 1.2% this quarter and gained 10.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 4.3% in the last three months.​

In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the life & health insurance peer group is also "buy"

Wall Street's median 12-month price target for Globe Life Inc is $144.50, about 13.6% above its last closing price of $124.81

This summary was machine generated from LSEG data July 23 at 09:01 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20253.243.27Beat
Mar. 31 20253.253.07Missed
Dec. 31 20243.123.14Beat
Sep. 30 20243.063.49Beat

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