Globe Life: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Globe Life (NYSE:GL) reported Q4 earnings with an EPS of $2.8, beating estimates by 2.56% and showing a revenue increase of $93 million from the previous year. This follows a pattern of exceeding EPS estimates in previous quarters, with a notable share price increase of 1.3% after last quarter's earnings beat.
February 07, 2024 | 9:20 pm
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Globe Life reported a Q4 EPS of $2.8, beating estimates by 2.56% and showing a significant year-over-year revenue increase. This continues their trend of surpassing EPS expectations.
Globe Life's Q4 earnings beat and consistent history of exceeding EPS estimates, coupled with a significant revenue increase, suggest a positive short-term impact on its stock price. Historical data indicates a share price increase following earnings beats, supporting the expectation of a similar response.
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