- Globe Life’s 4th quarter operating EPS has surpassed estimates, coming in at $2.80 as opposed to the estimated $2.73.
- The adjusted book value per share is $76.21.
- However, the book value per share fell short of estimates, with the actual being $47.10 against the estimated $50.67.
- Total revenue was higher than estimated, with the company bringing in $1.42 billion against the estimated $1.4 billion.
- Life insurance premium revenue slightly exceeded estimates at $794.8 million, compared to the estimated $793.9 million.
- On the other hand, health insurance premium revenue was slightly below estimates at $335.9 million, compared to the estimated $337.3 million.
- Insurance underwriting income surpassed estimates, with the company earning $327.8 million against the estimated $321.9 million.
- Net investment income also exceeded estimates, coming in at $271.6 million against the estimated $268.4 million.
- For the year ahead, Globe Life forecasts an operating EPS of $11.30 to $11.80, against an estimated $11.43.
- Currently, Globe Life has 4 buys, 6 holds, and 0 sells in terms of stock ratings.
A look at Globe Life Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Globe Life, a leading insurance company based in Texas, has received an overall Smart Score of 3 out of 5. This score is based on several factors, including value, dividend, growth, resilience, and momentum. While the company scored high in growth and momentum, with a score of 4 out of 5, its dividend score was only 1 out of 5, indicating a lower payout to shareholders.
Looking ahead, Globe Life’s long-term outlook appears to be positive, with a solid score of 3 out of 5 for both value and resilience. This suggests that the company is undervalued and has the ability to withstand potential challenges. With a score of 4 out of 5 for growth and momentum, Globe Life is also showing strong potential for future expansion and success. Overall, the Smart Scores indicate that Globe Life is a stable and promising company that is well-positioned for long-term growth and success in the insurance industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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