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Dec 31, 2021
Globe Life Q4 2021 Earnings Report
Globe Life's Q4 2021 performance saw a decrease in net income per diluted common share compared to the previous year, but total life premiums increased.
Key Takeaways
Globe Life Inc. reported a decrease in net income per diluted common share for Q4 2021, from $1.93 to $1.76. Net operating income also decreased slightly. However, total life and health premiums both saw an increase of 8% over the year-ago quarter.
Net income was $1.76 per diluted common share, compared to $1.93 in the year-ago quarter.
Net operating income was $1.70 per diluted common share, compared to $1.74 in the year-ago quarter.
Total life premiums increased 8% over the year-ago quarter.
Total health premiums increased 8% over the year-ago quarter.
Revenue by Segment
Forward Guidance
Globe Life projects net operating income per share to be in the range of $8.00 to $8.50 for the year ending December 31, 2022.
Challenges Ahead
- Higher non-COVID life policy obligations
- Higher health claims than previously anticipated.
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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