Globe Life Inc. Q4 Profit Beats Estimates

(RTTNews) - 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.