Globe Life: Q1 Earnings Snapshot

Associated Press Finance

05-01

MCKINNEY, Texas (AP) — MCKINNEY, Texas (AP) — Globe Life Inc. (GL) on Wednesday reported first-quarter profit of $254.6 million.

The McKinney, Texas-based company said it had net income of $3.01 per share. Earnings, adjusted for non-recurring costs, came to $3.07 per share.

The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.24 per share.

The life and health insurance company posted revenue of $1.48 billion in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $1.49 billion.

Globe Life expects full-year earnings in the range of $13.45 to $14.05 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GL at https://www.zacks.com/ap/GL

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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Earnings, adjusted for non-recurring costs, came to $3.07 per share.</p>\n<p>The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.24 per share.</p>\n<p>The life and health insurance company posted revenue of $1.48 billion in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $1.49 billion.</p>\n<p>Globe Life expects full-year earnings in the range of $13.45 to $14.05 per share.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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