Globe Life Q3 Earnings Beat, Revenues Miss, Premiums Rise Y/Y [Yahoo! Finance]
Globe Life Inc. (GL)
Last globe life inc. earnings: 4/22 04:10 pm
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Source: Yahoo! Finance
29% year over year, primarily driven by higher excess investment income and insurance underwriting income. Globe Life Inc. price-consensus-eps-surprise-chart | Globe Life Inc. Quote Globe Life reported total premium revenues of $1.2 billion, up 5% year over year. This upside was primarily driven by higher premiums from Life and Health insurance. Net investment income increased 7% year over year to $284.9 million. The company reported operating revenues of $1.4 billion, up 5.2% from the year-ago quarter. The improvement was driven by growth in Life and Health insurance premiums and higher net investment income. The top line missed the Zacks Consensus Estimate by 0.6%. Excess investment income, a measure of profitability, increased 16% year over year to $39.5 million. Total insurance underwriting income increased 19% year over year to $387.4 million. The increase was due to higher Life underwriting income. Administrative expenses were up 18.6% year over year to $88.4 milli
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News
- Globe Life Boosts Shareholder Value, Okays Buyback Program [Yahoo! Finance]Yahoo! Finance
- Globe Life (GL) Is Recovering From Fraud Allegations [Yahoo! Finance]Yahoo! Finance
- Globe Life Announces New Share Repurchase Authorization [Yahoo! Finance]Yahoo! Finance
- Globe Life Announces New Share Repurchase AuthorizationPR Newswire
- Globe Life's (NYSE:GL) investors will be pleased with their 21% return over the last three years [Yahoo! Finance]Yahoo! Finance
GL
Earnings
- 10/23/24 - Beat
GL
Sec Filings
- 11/19/24 - Form 8-K
- 11/19/24 - Form 4
- 11/15/24 - Form 8-K
- GL's page on the SEC website