GL Earnings Prediction
The chart below shows how GL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GL sees a +4.53% change in stock price 10 days leading up to the earnings, and a +2.77% change 10 days following the report. On the earnings day itself, the stock moves by -0.19%. This data can give you a slight idea of what to expect for the next quarter's release.
GL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.47B
3.57%
0.75%
Gross Margin
--
--
--
Operating Margin
23.74%
-7.48%
-16.08%
Net Margin
17.40%
-10.36%
-16.43%
EPS
3.01
4.51%
-12.50%
No Data Available
GL Earnings Analysis
Globe Life Inc Corporation (GL.N) Earnings Conference Call
Positive
Q4 Net Operating Income Increase: Net operating income for Q4 2024 was $266 million or $3.14 per share, a 12% increase from the previous year.
Life Premium Revenue Growth: Life premium revenue for Q4 increased 4% year-over-year to $823 million, with a life underwriting margin of $336 million, up 10%.
Life Premiums Increase: American Income Life reported a 7% increase in life premiums to $433 million, with net life sales up 22% to $93 million, driven by increased productivity and agent count growth.
Premium Income Growth: Total premium income grew by 4.7% in 2024, significantly higher than the 3.4% growth rate in 2023, indicating strong business resilience post-inflation.
Shareholder Returns Strategy: The company returned over $1 billion to shareholders in 2024 through share repurchases and dividends, with plans for continued repurchases in 2025.
Negative
Net Income Decline: Net income decreased to $255 million, or $3.01 per share, down from $275 million, or $2.88 per share, a year ago, indicating a decline in profitability.
Health Underwriting Margin Decline: Health underwriting margin declined 6% to $91 million due to higher claim costs at United American, primarily from increased utilization, reflecting rising operational challenges.
Life Premiums Decline: Direct-to-consumer life premiums fell 1% to $245 million, with net life sales down 11% to $23 million, attributed to reduced marketing spend and lower customer inquiries, signaling potential market share loss.
Health Underwriting Margin Decline: Health underwriting margin at United American dropped approximately $9 million from the year-ago quarter to $5 million, highlighting significant pressure from rising claim costs and utilization rates.
Investment Income Projections: Excess investment income is projected to be flat to down 15% in 2025, indicating potential challenges in investment performance and revenue generation from investment activities.
GL FAQs
How does GL typically perform around its earnings report dates?
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GL Earning Call Sentiment
Globe Life Inc. (NYSE:GL) Q4 2024 Earnings Call Transcript
GL.N
-0.61%Positive
The earnings call presents a generally positive outlook with strong sales growth projections, increased share repurchases, and optimistic guidance for 2025. Despite some concerns over health underwriting margins and legal expenses, the stabilization of lapse rates and positive agent growth trends provide confidence. The Q&A section reveals some uncertainties, particularly around legal matters, but overall sentiment remains favorable with continued buyback plans and strategic growth. The anticipated excess cash flow and premium revenue growth further support a positive sentiment.
