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Globe Life Inc. (GL) released earnings for its second quarter that rose from last year.


RTTNews | Jul 21, 2021 04:18PM EDT

16:18 Wednesday, July 21, 2021 (RTTNews.com) - Globe Life Inc. (GL) released earnings for its second quarter that rose from last year.

The company's profit totaled $199.62 million, or $1.92 per share. This compares with $173.05, or $1.62 per share, in last year's second quarter.

Excluding items, Globe Life Inc. reported adjusted earnings of $192.98 million or $1.85 per share for the period.

Analysts had expected the company to earn $1.83 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.6% to $1.27 billion from $1.18 billion last year.

Globe Life Inc. earnings at a glance:

-Earnings (Q2): $192.98 Mln. vs. $176.83 Mln. last year.-EPS (Q2): $1.85 vs. $1.65 last year.-Analysts Estimate: $1.83-Revenue (Q2): $1.27 Bln vs. $1.18 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3210753/globe-life-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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