Investing.com - Globe Life reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Globe Life announced earnings per share of $1.7 on revenue of $1.31B. Analysts polled by Investing.com anticipated EPS of $1.75 on revenue of $1.31B.
Globe Life shares are up 12% from the beginning of the year and are trading at $105.35 , down-from-52-week-high.They are outperforming the S&P 500 which is down 6.44% from the start of the year.
Globe Life follows other major Financial sector earnings this month
Globe Life's report follows an earnings missed by JPMorgan on April 13, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.69 on revenue of $30,856M.
Bank of America had beat expectations on Monday with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7492 on revenue of $23.18B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar