Globe Life Q3 Profit Falls to $361.1 Million Despite 5.5% Revenue Growth

Globe Life Inc. (GL) reported third-quarter net income of $361.1 million, or $4.62 per share, down from $387.8 million, or $4.73 per share, a year earlier, the insurer announced. Revenue for the period rose 5.5% to $1.595 billion from $1.512 billion last year, even as earnings declined. The company issued full-year EPS guidance of $15.35 to $15.65. All figures are GAAP.