Globe Life GL is preparing to release its quarterly earnings on Wednesday, 2024-10-23. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Globe Life to report an earnings per share (EPS) of $3.04.
The market awaits Globe Life's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Performance in Previous Earnings
The company's EPS beat by $0.07 in the last quarter, leading to a 0.91% increase in the share price on the following day.
Here's a look at Globe Life's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 2.90 | 2.79 | 2.73 | 2.64 |
EPS Actual | 2.97 | 2.78 | 2.80 | 2.71 |
Price Change % | 1.0% | 14.000000000000002% | 2.0% | 1.0% |
Stock Performance
Shares of Globe Life were trading at $110.24 as of October 21. Over the last 52-week period, shares are down 1.01%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for Globe Life visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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