NYSE$GL
Globe Life Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Globe Life's financial performance declined slightly in Q1 2023 compared to the previous year, but showed growth in key areas such as life and health net sales in certain divisions.
Globe Life Inc. reported a decrease in net income per diluted common share to $2.28, compared to $2.37 in the year-ago quarter. However, net operating income per diluted common share increased to $2.53 from $2.43. The company saw growth in life and health net sales within specific divisions, and repurchased 1.2 million shares of its common stock.
- Net income was $2.28 per diluted common share, while net operating income was $2.53 per diluted common share.
- Liberty National Division experienced increases in life net sales (27%) and health net sales (14%).
- Family Heritage Division saw a rise in health premiums (7%) and health net sales (21%).
- The company repurchased 1.2 million shares of its common stock during the quarter.
Headline financials
Revenue & EPS history
Globe Life · Revenue · Quarterly
$1.32B
Revenue by segment
Globe Life · $1.1B total across 2 segments · Q1 2023
- Life Insurance$773M+2.4%70.6%
- Health Insurance$322M+1.7%29.4%
Forward guidance
Globe Life projects net operating income between $10.28 to $10.52 per diluted common share for the year ending December 31, 2023.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+0.3%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+1.8%
Avg return
30 days after
51%
37 / 72 earnings
Positive
+13.5%
Q1 2024
Best reaction
-4.6%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.7% | +0.9% | +3.4% | |
| Q4 2025 | +1.5% | -2.0% | -1.8% | |
| Q3 2025 | -0.0% | -0.9% | -2.4% | |
| Q2 2025 | -2.3% | +0.4% | +2.7% | |
| Q1 2025 | -4.6% | -2.4% | -1.2% | |
| Q4 2024 | -2.5% | -1.3% | +2.0% | |
| Q3 2024 | -1.5% | -5.0% | -0.5% | |
| Q2 2024 | -0.5% | +2.8% | +12.6% | |
| Q1 2024 | +13.5% | +13.5% | +28.3% | |
| Q4 2023 | +3.1% | +4.2% | +2.0% | |
| Q3 2023 | +2.0% | +1.9% | +9.0% | |
| Q2 2023 | -2.6% | -1.7% | -2.3% | |
| Q1 2023 | -1.5% | +0.8% | -0.4% | |
| Q4 2022 | -3.4% | +0.5% | -0.2% | |
| Q3 2022 | -2.4% | +0.8% | +2.3% | |
| Q2 2022 | -1.1% | -1.5% | -1.9% | |
| Q1 2022 | +3.1% | -0.6% | -8.9% | |
| Q4 2021 | -0.3% | +1.0% | -5.4% | |
| Q3 2021 | -4.2% | -4.9% | -5.2% | |
| Q2 2021 | -0.2% | +0.8% | +2.0% | |
| Q1 2021 | -1.2% | -0.8% | +2.1% | |
| Q4 2020 | -0.5% | +2.6% | +3.5% | |
| Q3 2020 | +3.6% | +0.5% | +11.8% | |
| Q2 2020 | +6.8% | +5.8% | +7.3% | |
| Q1 2020 | +1.8% | +11.9% | -1.3% | |
| Q4 2019 | +2.8% | +3.0% | -15.0% | |
| Q3 2019 | +0.6% | +0.9% | +5.2% | |
| Q2 2019 | +0.9% | +0.6% | -5.7% | |
| Q1 2019 | +1.9% | -0.0% | +0.3% | |
| Q4 2018 | -1.6% | -2.9% | -2.7% | |
| Q3 2018 | -1.3% | -1.3% | +2.3% | |
| Q2 2018 | +2.7% | +4.3% | +4.6% | |
| Q1 2018 | +2.2% | +1.8% | +0.3% | |
| Q4 2017 | -3.5% | +0.1% | +4.7% | |
| Q3 2017 | +1.1% | +1.5% | +1.8% | |
| Q2 2017 | +0.0% | +0.2% | -1.4% | |
| Q1 2017 | +1.3% | +3.0% | -0.8% | |
| Q4 2016 | +0.2% | +1.2% | +6.3% | |
| Q3 2016 | -0.8% | -0.5% | +11.4% | |
| Q2 2016 | +0.6% | -0.6% | +2.9% | |
| Q1 2016 | +2.3% | — | — | |
| Q4 2015 | -0.7% | — | — | |
| Q3 2015 | -3.8% | — | — | |
| Q2 2015 | -3.7% | — | — | |
| Q1 2015 | +0.2% | — | — | |
| Q4 2014 | +1.8% | — | — | |
| Q3 2014 | -4.4% | — | — | |
| Q2 2014 | -1.5% | — | — | |
| Q1 2014 | +1.2% | — | — | |
| Q4 2013 | -2.9% | — | — | |
| Q3 2013 | -1.9% | — | — | |
| Q2 2013 | +0.4% | — | — | |
| Q1 2013 | +2.4% | — | — | |
| Q4 2012 | -1.8% | — | — | |
| Q3 2012 | -1.3% | — | — | |
| Q2 2012 | -2.6% | — | — | |
| Q1 2012 | -0.4% | — | — | |
| Q4 2011 | -0.4% | — | — | |
| Q3 2011 | -2.9% | — | — | |
| Q2 2011 | -2.7% | — | — | |
| Q1 2011 | +2.1% | — | — | |
| Q4 2010 | +0.3% | — | — | |
| Q3 2010 | -1.0% | — | — | |
| Q2 2010 | +1.2% | — | — | |
| Q1 2010 | +2.5% | — | — | |
| Q4 2009 | +1.6% | — | — | |
| Q4 2007 | +1.6% | — | — | |
| Q3 2009 | +5.2% | — | — | |
| Q3 2008 | +5.2% | — | — | |
| Q2 2009 | +2.5% | — | — | |
| Q2 2008 | +2.5% | — | — | |
| Q4 2008 | +2.5% | — | — |
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