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Globe Life Inc

$104.17

Earnings Summary

Revenue
$1292.61Mn
Net Profits
$177Mn
Net Profit Margins
13.69%
PE Ratio
14.73

Highlights

Revenue:

Globe Life Inc’s revenue jumped 1.69% since last year same period to $1292.61Mn in the Q2 2022. On a quarterly growth basis, Globe Life Inc has generated -1.2% fall in its revenue since last 3-months.

Net Profits:

Globe Life Inc’s net profit fell -11.33% since last year same period to $177Mn in the Q2 2022. On a quarterly growth basis, Globe Life Inc has generated 7.69% jump in its net profits since last 3-months.

Net Profit Margins:

Globe Life Inc’s net profit margin fell -12.8% since last year same period to 13.69% in the Q2 2022. On a quarterly growth basis, Globe Life Inc has generated 9% jump in its net profit margins since last 3-months.

PE Ratio:

Globe Life Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 14.73.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Globe Life Inc post its latest quarter earnings

EPS Estimate Current Quarter
2.11
EPS Estimate Current Year
2.11

Highlights

EPS Estimate Current Quarter:

Globe Life Inc’s earning per share (EPS) estimates for the current quarter stand at 2.11 - a 2.93% jump from last quarter’s estimates.

EPS Estimate Current Year:

Globe Life Inc’s earning per share (EPS) estimates for the current year stand at 2.11.

Key Ratios

Key ratios of the Globe Life Inc post its Q2 2022 earnings

Earning Per Share (EPS)
2.07
Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.1
Dividend Per Share (DPS)
0.81

Highlights

Earning Per Share (EPS):

Globe Life Inc’s earning per share (EPS) jumped 11.89% since last year same period to 2.07 in the Q2 2022. This indicates that the Globe Life Inc has generated 11.89% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Globe Life Inc’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Globe Life Inc’s return on equity (ROE) stands at 0.1.

Dividend Per Share (DPS):

Globe Life Inc declared 0.81 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
2.05
2.07
0.98%
2022-05-06
1.72
1.7
-1.16%

Company Information

Globe Life is headquartered in McKinney, TX and has more than 11,000 insurance agents and 3,000 corporate employees. Globe Life's insurance subsidiaries include American Income Life, Family Heritage Life, Globe Life And Accident Insurance Company, Globe Life Insurance Company of New York, Liberty National Life, National Income Life, and United American.

Organisation
Globe Life Inc
Headquarters
Mckinney, Texas, United States
Employees
3.26K
Industry
Finance