Protective Life Corp. (PL) posted third quarter net income of $27.6 million or $0.32 per share, compared to a loss of $100.0 million or $1.41 per share in the third quarter last year.
Operating income, after-tax, for the third quarter was $47.9 million or $0.55 per share, compared to $62.5 million or $0.88 per share in the year-ago period.
On average, ten analysts polled by Thomson Reuters expected the company to report earnings of $0.76 per share. Analysts' estimates typically exclude special items.
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