Torchmark reports its fourth-quarter earnings on Monday, February 2, 2015, and the consensus earnings per share estimate is $1.00 per share.
Analysts are expecting earnings of $4.02 per share for the fiscal year. Revenue is projected to be $978.9 million for the quarter, 5% above the year-earlier total of $930.6 million. For the year, revenue is projected to come in at $3.90 billion.
The company has seen steady earnings for the last eight quarters, but income has been sliding year-over-year by an average of 1% over the last four quarters. The company was hit the hardest in the most recent quarter as its net income dropped by 7%.
Torchmark is an insurance holding company that provides a variety of life and health insurance products and annuities. Other companies in the insurance (life) industry with upcoming earnings release dates include: Prudential, Lincoln and CNO Financial Group.
Earnings estimates provided by Zacks.
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