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Globe Life: Q3 Earnings Snapshot
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MCKINNEY, Texas (AP) — MCKINNEY, Texas (AP) — Globe Life Inc. (GL) on Wednesday reported third-quarter earnings of $361.1 million.

The McKinney, Texas-based company said it had net income of $4.62 per share. Earnings, adjusted for investment costs and non-recurring costs, were $4.84 per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.87 per share.

The life and health insurance company posted revenue of $1.6 billion in the period. Its adjusted revenue was $1.61 billion, which met Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GL at https://www.zacks.com/ap/GL

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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