WASHINGTON (dpa-AFX) - Globe Life Inc. (GL) released earnings for fourth quarter that beat the Street estimates.
The company's bottom line came in at $255.20 million, or $3.01 per share. This compares with $274.80 million, or $2.88 per share, last year.
Excluding items, Globe Life Inc. reported adjusted earnings of $3.14 per share for the period.
Analysts on average had expected the company to earn $3.12 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.5% to $1.47 billion from $1.42 billion last year.
Globe Life Inc. earnings at a glance (GAAP) :
-Earnings: $255.20 Mln. vs. $274.80 Mln. last year. -EPS: $3.01 vs. $2.88 last year. -Revenue: $1.47 Bln vs. $1.42 Bln last year.
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