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FX.co ★ Globe Life Inc. Announces Advance In Q1 Income

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typeContent_19130:::2024-04-22T21:21:00

Globe Life Inc. Announces Advance In Q1 Income

Globe Life Inc. has announced an increase in profit for its first quarter, compared to the same period last year. The company's net income stood at $254.22 million, which translates to $2.67 a share, seeing a significant rise from last year's first quarter results of $223.61 million or $2.28 per share.

The company's revenue for the quarter also saw an increase of 7.6%, going up from last year's $1.32 billion to $1.42 billion.

Looking at Globe Life Inc.'s earnings, there is a noticeable improvement:

- The first quarter earnings stand at $254.22 million, which has escalated from last year's $223.61 million.

- Earnings per share (EPS) for Q1 have also seen a rise, going from $2.28 last year to $2.67.

- For Q1, the company's revenue stands at $1.42 billion, showing an increase from the previous year's $1.32 billion.

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