Globe Life (GL) Tops Q4 Earnings Estimates

Core Viewpoint - Globe Life reported quarterly earnings of $3.14 per share, exceeding the Zacks Consensus Estimate of $3.10 per share, and showing an increase from $2.80 per share a year ago, representing an earnings surprise of 1.29% [1] Financial Performance - The company posted revenues of $1.46 billion for the quarter ended December 2024, which was 1.04% below the Zacks Consensus Estimate, and an increase from $1.4 billion year-over-year [2] - Over the last four quarters, Globe Life has surpassed consensus EPS estimates three times but has not beaten consensus revenue estimates [2] Stock Performance - Globe Life shares have increased approximately 9.8% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $3.21 on revenues of $1.5 billion, and for the current fiscal year, it is $13.55 on revenues of $6.11 billion [7] - The estimate revisions trend for Globe Life is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Financial - Miscellaneous Services industry, to which Globe Life belongs, is currently in the top 31% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]