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 $ ...

Globe Life (NYSE:GL) stock is rising higher on Friday as the health insurance company released a statement pushing back against a recent short report.Globe Life stock took a major beating on Thursday after the company was targeted in a short report from Fuzzy Panda. The firm brought up several concerns it has with the company’s business, leaders, legal problems and other issues.Now Globe Life has a response ready refuting those claims made against it. Here’s a small portion of what it had to say in a memo.“ ...

In this photo illustration, the Globe Life Insurance logo seen displayed on a smartphone screen.Shares of Globe Life rebounded about 20% Friday morning after sinking 53% Thursday following a short-seller report alleging multiple instances of insurance fraud.Fuzzy Panda Research disclosed a short position in the Texas-based insurance company after it uncovered "extensive allegations of insurance fraud ignored by management despite being obvious and reported hundreds of times."The short-seller claims that Glo ...

MCKINNEY, Texas, April 11, 2024 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) today issued the following statement refuting the allegations raised in a report issued today by Fuzzy Panda Research: For over 70 years, our business model has stood the test of the time and we continue to generate sustainable earnings growth that provides long-term value for our shareholders. With over 17 million policies in force, our millions of customers value the protection of the Company's products, and we strive to be there w ...

Globe Life (GL) shares lost more than half their value Thursday after short seller Fuzzy Panda Research said it had taken a short position in the company after conducting an investigation it alleged revealed evidence of wide-ranging insurance fraud.  “We uncovered extensive allegations of insurance fraud ignored by management despite being obvious and reported hundreds of times,” the researchers wrote in their report. Fuzzy Panda accused executives of partaking in a kickback scheme and alleged Globe Life s ...