Globe Life Inc. provided earnings guidance for the year ending December 31, 2023. Under this new requirement, Globe Life projects net operating income between $10.20 to $10.50 per diluted common share for the year ending December 31, 2023. The company estimate the impact of implementing the new accounting guidance results in an increase in net operating income in the range of $105 million to $115 million, primarily as a result of lower amortization of deferred acquisition costs.
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5-day change | 1st Jan Change | ||
78.6 USD | +3.64% | +24.31% | -35.43% |
Apr. 24 | Wells Fargo Adjusts Price Target on Globe Life to $108 From $132 | MT |
Apr. 24 | Morgan Stanley Adjusts Price Target on Globe Life to $62 From $133 | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-35.43% | 7.39B | |
-0.20% | 92.76B | |
+0.74% | 92.44B | |
+18.02% | 75.21B | |
-24.32% | 72.12B | |
+18.30% | 28.48B | |
+3.09% | 26.62B | |
+1.07% | 17.55B | |
-8.51% | 15.34B | |
+20.92% | 12.64B |
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- Globe Life Inc. Provides Earnings Guidance for the Year Ending December 31, 2023