Globe Life(US:GL) ZACKSยท2025-02-06 01:01Core Insights - Globe Life reported revenue of $1.46 billion for the quarter ended December 2024, reflecting a year-over-year increase of 4.4% [1] - The earnings per share (EPS) for the quarter was $3.14, up from $2.80 in the same quarter last year, with an EPS surprise of +1.29% compared to the consensus estimate of $3.10 [1] Revenue Performance - Total premium revenue was $1.18 billion, slightly below the estimated $1.19 billion, marking a year-over-year increase of 4.5% [4] - Net investment income was reported at $282.45 million, compared to the average estimate of $290.76 million, representing a 4% year-over-year increase [4] - Life premium revenue reached $822.96 million, slightly below the estimated $829.83 million, with a year-over-year change of +3.5% [4] - Health premium revenue was $358.31 million, marginally below the estimate of $358.45 million, showing a year-over-year increase of 6.7% [4] - Other income was reported at $0.16 million, exceeding the average estimate of $0.10 million [4] Underwriting Margins - Life Underwriting Margin - Other was $32.22 million, above the average estimate of $31.79 million [4] - Life Underwriting Margin - Liberty National was $33.65 million, slightly below the estimated $34.23 million [4] - Life Underwriting Margin - Direct to Consumer was reported at $71.24 million, exceeding the average estimate of $64.08 million [4] - Life Underwriting Margin - American Income was $198.97 million, below the average estimate of $201.18 million [4] Stock Performance - Globe Life shares returned +9.8% over the past month, outperforming the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]