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Torchmark Corp. Q1 adjusted earnings Beat Estimates

Torchmark Corp. (TMK) revealed a profit for its first quarter that climbed from last year.

The company's bottom line totaled $173.6 million, or $1.49 per share. This compares with $133.5 million, or $1.11 per share, in last year's first quarter.

Excluding items, Torchmark Corp. reported adjusted earnings of $172.2 million or $1.47 per share for the period.

Analysts had expected the company to earn $1.45 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.9% to $1.07 billion from $1.02 billion last year.

Torchmark Corp. earnings at a glance:

-Earnings (Q1): $172.2 Mln. vs. $138.7 Mln. last year.
-EPS (Q1): $1.47 vs. $1.15 last year.
-Analysts Estimate: $1.45
-Revenue (Q1): $1.07 Bln vs. $1.02 Bln last year.

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