Globe Life: Fourth Quarter Earnings Overview

Globe Life Inc. Announces Fourth Quarter Financial Results

Globe Life Inc., headquartered in McKinney, Texas, disclosed a net income of $266.1 million for the fourth quarter.

The company reported earnings of $3.29 per share, with adjusted earnings—excluding investment-related expenses—totaling $3.39 per share.

These figures fell short of analyst expectations, as a consensus of six analysts polled by Zacks Investment Research had anticipated earnings of $3.44 per share.

During the quarter, Globe Life generated $1.52 billion in revenue, which was also below the $1.54 billion forecasted by four Zacks analysts.

For the full year, Globe Life recorded a total profit of $1.16 billion, or $14.07 per share, with annual revenue reaching $6.02 billion.