MCKINNEY, Texas (AP) 鈥� MCKINNEY, Texas (AP) 鈥� Globe Life Inc. (GL) on Wednesday reported first-quarter net income of $270.5 million.
The McKinney, Texas-based company said it had net income of $3.39 per share. Earnings, adjusted for non-recurring costs, were $3.43 per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.46 per share.
The life and health insurance company posted revenue of $1.56 billion in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $1.57 billion.
Globe Life expects full-year earnings in the range of $15.40 to $15.90 per share.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/GL
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
