Globe Life: Q4 Earnings Insights

Shares of Globe Life GL were flat in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 2.35% over the past year to $1.74, which beat the estimate of $1.72.

Revenue of $1,229,000,000 higher by 8.09% year over year, which beat the estimate of $1,200,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Globe Life hasn't issued any revenue guidance for the time being.

Recent Stock Performance

52-week high: $111.43

Company's 52-week low was at $56.74

Price action over last quarter: Up 7.05%

Company Description

Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations. It is organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments.