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Mar 31, 2021
Globe Life Q1 2021 Earnings Report
Globe Life's financial performance for Q1 2021 showed increased net income per diluted share, but a decrease in net operating income per diluted share. The company experienced growth in life and health premiums, along with increased life net sales across multiple divisions.
Key Takeaways
Globe Life reported a rise in net income per diluted share to $1.70, compared to $1.52 in the previous year's quarter. However, net operating income per diluted share decreased to $1.53 from $1.73 in the same period last year. The company saw growth in life and health premiums and an increase in life net sales.
Net income was $1.70 per diluted common share, up from $1.52 year-over-year.
Net operating income was $1.53 per diluted common share, down from $1.73 year-over-year.
Life premiums increased by 11% at both the American Income Life Division and the Direct to Consumer Division.
Health premiums increased by 8% at the Family Heritage Division.
Revenue by Segment
Forward Guidance
Globe Life projects that net operating income per share will be in the range of $7.21 to $7.51 for the year ending December 31, 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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