NYSE$GL
Globe Life Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Globe Life's Q1 2024 performance saw increased net income and net operating income compared to the previous year.
Globe Life Inc. reported a strong first quarter in 2024, with net income at $2.67 per diluted common share, a 14% increase from the year-ago quarter. Net operating income also rose to $2.78 per diluted common share, a 6% increase year-over-year, driven by growth in life and health insurance sales and premiums across various divisions.
- Net income increased 14% and net operating income increased 6% over the year-ago quarter.
- American Income Life Division experienced a 17% increase in life net sales and a 7% increase in premiums.
- Liberty National Division saw a 14% increase in the average producing agent count and a 7% increase in life premiums.
- Family Heritage Division's health net sales increased by 11% and premiums increased by 8%.
Headline financials
Revenue & EPS history
Globe Life · Revenue · Quarterly
$1.42B
Revenue by segment
Globe Life · $1.12B total across 2 segments · Q3 2023
- Life Insurance$788M+4.4%70.4%
- Health Insurance$331M+3.7%29.6%
Forward guidance
Globe Life projects net operating income between $11.50 to $12.00 per diluted common share for the year ending December 31, 2024.
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 2024
+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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