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Globe Life Inc. Q3 adjusted earnings Inline With Estimates

Globe Life Inc. (GL) announced a profit for third quarter that dropped from last year.

The company's profit came in at $188.95 million, or $1.76 per share. This compares with $201.82 million, or $1.82 per share, in last year's third quarter.

Analysts had expected the company to earn $1.75 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.3% to $1.20 billion from $1.14 billion last year.

Globe Life Inc. earnings at a glance:

-EPS (Q3): $1.75 vs. $1.73 last year.
-Analysts Estimate: $1.75
-Revenue (Q3): $1.20 Bln vs. $1.14 Bln last year.

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