Globe Life (GL) came out with quarterly earnings of $2.78 per share, missing the Zacks Consensus Estimate of $2.80 per share. This compares to earnings of $2.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.71%. A quarter ago, it was expected that this life and health insurance company would post earnings of $2.74 per share when it actually produced earnings of $2.80, delivering a surprise of 2.19%.Over the last four quar ...

McKinney, TX, April 22, 2024—Globe Life Inc. (NYSE: GL) reported today that for the quarter ended March 31, 2024, net income was $2.67 per diluted common share, compared with $2.28 per diluted common share for the year-ago quarter. Net operating income for the quarter was $2.78 per diluted common share, compared with $2.53 per diluted common share for the year-ago quarter. HIGHLIGHTS: Note: As used in the earnings release, "Globe Life," the "Company," "we," "our," and "us" refer to Globe Life Inc., a Delawa ...

A downtrend has been apparent in Globe Life (GL) lately with too much selling pressure. The stock has declined 42.2% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spott ...

Why Globe Life Stock Soared Today Nudphon Phuengsuwan / Shutterstock.com Insurance might seem like a boring sector to bet on, but one company is proving that theory wrong of late. Investors piled into Globe Life (NYSE: GL) today, sending shares soaring by nearly 6% to back above the $60 threshold in a much-needed recovery for the insurance holding company.Today’s performance should be viewed in context, as it follows a massive sell-off in which the Globe Life stock price was more than halved in a day – fr ...

In its upcoming report, Globe Life (GL) is predicted by Wall Street analysts to post quarterly earnings of $2.80 per share, reflecting an increase of 10.7% compared to the same period last year. Revenues are forecasted to be $1.43 billion, representing a year-over-year increase of 5.6%.Over the last 30 days, there has been an upward revision of 0.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial f ...

MCKINNEY, Texas, April 16, 2024 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will release First Quarter 2024 earnings after the market closes on Monday, April 22, 2024.  At that time, a copy of the Company's First Quarter 2024 earnings press release and any other financial and statistical information about the quarter will be available on the Company's website at https://investors.globelifeinsurance.com/ under Financial Reports and Other Financial Information.  In conjunction with the First Quarter 2024 Earni ...

NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Globe Life, Inc. ("Globe Life" or the "Company") (NYSE:GL). The investigation concerns whether Globe Life and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On April 11, 2024, Fuzzy Panda Research published a report entitled "Globe Life (GL): Executives Disregard ...

The market expects Globe Life (GL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 22, 2024, might help the stock move higher if these key numbers are bett ...

After getting hit by a short report from Fuzzy Panda Research yesterday, shares of Globe Life (NYSE:GL) hit a fresh all-time low. However, GL stock is recovering today, up more than 15% as the company issued a rebuttal to allegations laid out in that short report.The company noted that its “business model has stood the test of time” for more than seven decades and that the company will “continue to generate sustainable earnings growth that provides long-term value for our shareholders.”Globe Life called man ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Globe Life (GL) , which belongs to the Zacks Financial - Miscellaneous Services industry.This life and health insurance company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 2.23%.For the last reported quarter, Globe Life came out with earnings of $ ...