Globe Life: Q3 Earnings Snapshot

MCKINNEY, Texas (AP) — MCKINNEY, Texas (AP) — Globe Life Inc. (GL) on Wednesday reported third-quarter earnings of $361.1 million.

The McKinney, Texas-based company said it had net income of $4.62 per share. Earnings, adjusted for investment costs and non-recurring costs, were $4.84 per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.87 per share.

The life and health insurance company posted revenue of $1.6 billion in the period. Its adjusted revenue was $1.61 billion, which met Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GL at https://www.zacks.com/ap/GL