Insurer Globe Life falls after Q3 results

By Reuters News

** Shares of life insurer Globe Life GL.N fall 3.8% to $163.3

** After Wednesday's market close, co posted net income of $361.1 million, or $4.62 per share, compared with $387.8 million, or $4.73 per share, a year ago

** Co now expects full-year 2026 EPS of $15.35-$15.65, down from its prior forecast of $15.55-$15.95

** Co cites high-severity claims at its Evry group-health business and delayed Medicare Supplement claims processing by U.S. regulators

** Ten of 15 analysts rate stock "strong buy" or "buy" and five "hold"; their median PT is $191 - data compiled by LSEG

** As of last close, stock up 16.6% YTD

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