- Globe Life press release ( NYSE: GL ): Q2 GAAP EPS of $1.79 misses by $0.22 .
- Revenue of $1.29B (+1.6% Y/Y) misses by $40M .Net income as an ROE was 9.8% for the six months ended June 30, 2022. Net operating income as an ROE excluding net unrealized gains or losses on fixed maturities was 12.6% for the same period.
- Life premiums increased 8% at the American Income Life Division and 5% at the Liberty National Division over the year-ago quarter.
- Total health premiums increased over the year-ago quarter by 8%.
- Life net sales increased 16% at the American Income Life Division and 7% at the Liberty National Division over the year-ago quarter.
- 1.4 million shares of Globe Life Inc. common stock were repurchased during the quarter.
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Globe Life GAAP EPS of $1.79 misses by $0.22, revenue of $1.29B misses by $40M