Globe Life profit surges on strong underwriting, investment returns [Yahoo! Finance]
Globe Life Inc. (GL)
Last globe life inc. earnings: 4/22 04:10 pm
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Source: Yahoo! Finance
The insurance industry, known for its resilience to economic downturns, sustains a stable demand for policies, with both corporate and government spending on insurance remaining steady. Total premiums at Globe Life rose to $1.15 billion in the first quarter from $1.10 billion a year ago. The surge in the broader equity capital markets on the other hand has enhanced investment income for insurers, who diversify a portion of their cash across various asset classes. Globe Life's net investment income for the quarter increased about 10% to $282.6 million. The company's net operating income for the three months ended March 31 came in at $2.78 per share, compared with $2.53 per share in the prior-year quarter. Globe Life expects its operating income for the year to be between $11.50 to $12.00 per share. The insurer further expects to resume share buybacks once the blackout period related to a potential acquisition ends for the first quarter. Earlier this month, Fuzzy Panda Rese
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GL
News
- Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Globe Life Inc. (GL) InvestorsBusiness Wire
- INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Globe Life Inc. (GL) InvestorsBusiness Wire
- Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Globe Life Inc. (GL) InvestorsGlobeNewswire
- Lowey Dannenberg, P.C. is Investigating Global Life Inc. (“Global Life”) (NYSE: GL) for Potential Violations of the Federal Securities Laws and Encourages Investors with more than $50,000 in Losses to Contact the FirmGlobeNewswire
- GL INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Globe Life Inc. Investors Can Join the Class Action Lawsuit!Accesswire
GL
Earnings
- 4/22/24 - Miss
GL
Sec Filings
- 4/30/24 - Form 4/A
- 4/29/24 - Form 8-K
- 4/26/24 - Form 4
- GL's page on the SEC website