Insurer Globe Life falls after Q3 results

Globe Life

Yesterday 16:20

** Shares of life insurer Globe Life GL.N fall 3.8% to $163.3
** After Wednesday's market close, co posted net income of $361.1 million, or $4.62 per share, compared with $387.8 million, or $4.73 per share, a year ago
** Co now expects full-year 2026 EPS of $15.35-$15.65, down from its prior forecast of $15.55-$15.95
** Co cites high-severity claims at its Evry group-health business and delayed Medicare Supplement claims processing by U.S. regulators
** Ten of 15 analysts rate stock "strong buy" or "buy" and five "hold"; their median PT is $191 - data compiled by LSEG
** As of last close, stock up 16.6% YTD

 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))