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Barchart
Barchart
Rashmi Kumari

Globe Life Earnings Preview: What to Expect

GL Globe Life Insurance

Valued at a market cap of $9.6 billion, Globe Life Inc. (GL) is a financial services holding company that provides various life and supplemental health insurance products and annuities, primarily to lower-middle and middle-income families. The McKinney, Texas-based company is expected to announce its fiscal Q3 earnings results on Wednesday, Oct. 23. 

Ahead of this event, analysts expect the insurance company to report a profit of $3.04 per share, up 12.2% from $2.71 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion.

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