Globe Life Inc. reports results for the quarter ended September 30 - Earnings Summary

• Globe Life Inc. GL.N reported quarterly adjusted earnings of $4.84​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $4.81. The mean expectation of thirteen analysts for the quarter was for earnings of $4.88 per share. Wall Street expected results to range from $4.77 to $4.97 per share.

• Revenue rose 5.5% to $1.60 billion from a year ago; analysts expected $1.54 billion.

• Globe Life Inc.'s reported EPS for the quarter was $4.62​.

• The company reported quarterly net income of $361.11 million.

• Globe Life Inc. shares had risen by 2.5% this quarter and gained 21.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.1% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the life & health insurance peer group is "hold."

• Wall Street's median 12-month price target for Globe Life Inc. is $192.00, about 11.7% above its last closing price of $169.62

This summary was machine generated from LSEG data October 21 at 09:38 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)