Globe Life (GL) Beats Q2 Earnings Estimates

Core Insights - Globe Life (GL) reported quarterly earnings of $3.27 per share, exceeding the Zacks Consensus Estimate of $3.25 per share, and showing an increase from $2.97 per share a year ago, resulting in an earnings surprise of +0.62% [1] - The company posted revenues of $1.5 billion for the quarter ended June 2025, which was 0.42% below the Zacks Consensus Estimate, but an increase from $1.45 billion year-over-year [2] - Globe Life shares have increased approximately 10.1% year-to-date, outperforming the S&P 500's gain of 7.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $3.74, with expected revenues of $1.52 billion, and for the current fiscal year, the EPS estimate is $13.59 on revenues of $6.05 billion [7] - The estimate revisions trend for Globe Life was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Insurance - Accident and Health industry is currently ranked in the top 38% of over 250 Zacks industries, suggesting that stocks in the top 50% tend to outperform those in the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, Unum (UNM), is expected to report quarterly earnings of $2.23 per share, reflecting a year-over-year increase of +3.2%, with revenues anticipated to be $3.32 billion, up 2.4% from the previous year [9][10]