Price action over last quarter: Up 7.05%
Company Description
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company s core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations. It is organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments.
Globe Life Inc. Q4 adjusted earnings Beat Estimates
WASHINGTON (dpa-AFX) - Globe Life Inc. (GL) reported a profit for its fourth quarter that climbed from last year.
The company s earnings came in at $204.24 million, or $1.93 per share. This compares with $187.06 million, or $1.69 per share, in last year s fourth quarter.
Analysts had expected the company to earn $1.72 per share, according to figures compiled by Thomson Reuters. Analysts estimates typically exclude special items.
The company s revenue for the quarter rose 7.9% to $1.23 billion from $1.14 billion last year.
Globe Life Inc. earnings at a glance:
-EPS (Q4): $1.74 vs. $1.70 last year.
-Analysts Estimate: $1.72
-Revenue (Q4): $1.23 Bln vs. $1.14 Bln last year.
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MCKINNEY, Texas, Jan. 26, 2021 /PRNewswire/ Globe Life Inc. (NYSE: GL) will release Fourth Quarter 2020 earnings after the market closes on Tuesday, February 2, 2021. At that time a copy of the Company s Q4 - 2020 earnings press release and any other financial and statistical information about the quarter will be available on the Company s website at https://investors.globelifeinsurance.com/ under Financial Reports and Other Financial Information. In conjunction with the Fourth Quarter 2020 Earnings Release of Globe Life Inc. you are invited to listen to a conference call that will be broadcast live over the Internet on Wednesday, February 3, 2021 at 11:00 am Eastern (10:00 am Central).
Euronet s (EEFT) Unit Ties Up to Expand Reach in Romania Zacks.com 12/22/2020
Euronet Worldwide, Inc.’s EEFT subsidiary Ria Money Transfer recently inked a deal with Compania Nationala Posta Romana S.A., Romania’s national postal service operator, to establish its footprint. This move is in line with its strategy to penetrate varied regions via postal partners. The deal will allow customers to send and receive money in Romanian Lei and euros in a safe and seamless manner.
This addition of 1,200 Posta Romana post offices with a potential of more than 5,500 points under their coverage will almost double Ria Money’s current distribution network in the territory. This deal is aimed at providing convenient transaction options to the local communities. Notably, Ria Money, the second largest money transfer operator in the country will be able to expand in the area substantially. Ria Money’s network of postal tie-ups provides plenty of choices and financial inclusion across the
Where Do Hedge Funds Stand On Globe Life (GL)? yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.