Investing.com - Globe Life (NYSE:GL) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Globe Life announced earnings per share of $1.85 on revenue of $1.27B. Analysts polled by Investing.com anticipated EPS of $1.83 on revenue of $1.24B.
Globe Life shares are down 1% from the beginning of the year, still down 13.39% from its 52 week high of $108.22 set on May 10. They are under-performing the S&P 500 which is up 16.05% from the start of the year.
Globe Life follows other major Financial sector earnings this month
Globe Life's report follows an earnings beat by JPMorgan on July 13, who reported EPS of $3.78 on revenue of $31.4B, compared to forecasts EPS of $3.2 on revenue of $29.97B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of $4.7 on revenue of $71.32B, compared to forecast for EPS of $4.43 on revenue of $69.51B.
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