Torchmark Corp. (TMK) announced earnings for its third quarter that advanced compared to the same period last year.
The company said its bottom line totaled $144.0 million, or $1.18 per share. This was higher than $135.6 million, or $1.08 per share, in last year's third quarter.
Analysts had expected the company to earn $1.12 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 4.5% to $990 million. This was up from $947 million last year.
Torchmark Corp. earnings at a glance:
-Earnings (Q3): $144.0 Mln. vs. $135.6 Mln. last year.
-Earnings Growth (Y-o-Y): 6.2%
-EPS (Q3): $1.18 vs. $1.08 last year.
-EPS Growth (Y-o-Y): 9.3%
-Analysts Estimate: $1.12
-Revenue (Q3): $990 Mln vs. $947 Mln last year.
-Revenue Change (Y-o-Y): 4.5%
-Guidance:
Full year EPS guidance: $4.43 - $4.49
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