25.10.2023 22:47:30 - dpa-AFX: Globe Life Inc. Q3 Profit Rises, Beats estimates
WASHINGTON (dpa-AFX) - Globe Life Inc. (GL) released earnings for its third
quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $257.1 million, or $2.68 per share. This
compares with $190.6 million, or $1.94 per share, in last year's third quarter.
Analysts on average had expected the company to earn $2.64 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 6.2% to $1.38 billion from $1.30
billion last year.
Globe Life Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $257.1 Mln. vs. $190.6 Mln. last year.
-EPS (Q3): $2.68 vs. $1.94 last year.
-Analyst Estimate: $2.64
-Revenue (Q3): $1.38 Bln vs. $1.30 Bln last year.
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