The earnings call reflects a generally positive performance with significant growth in net operating income, life insurance operations, and agent count, alongside successful share repurchasing and improvements in the Direct to Consumer division. However, challenges remain in the form of declining net investment income, reduced sales in some segments, and a notable unrealized loss in the investment portfolio.

Company Guidance -

Q3 2025

In the second quarter of 2025, Globe Life Inc. reported net income of $253 million, or $3.05 per share, a slight decrease from $258 million or $2.83 per share a year prior. Net operating income rose by 10% to $271 million, or $3.27 per share. The company's GAAP return on equity reached 18.8%, while book value per share excluding AOCI was $90.26, a 10% increase from the previous year. Life insurance premium revenue grew by 3% to $840 million, with underwriting margins up 6% to $340 million. Health insurance saw an 8% rise in premium revenue to $378 million, though underwriting margin declined by 2% to $98 million. Administrative expenses increased by 5% to $86 million, but these are expected to grow by only about 4% for the full year. The average agent count increased by 6% sequentially, promising sustainable future growth. The investment portfolio maintained a yield of 5.26%, with $263 million invested in fixed maturities at 6.44% and $68 million in other investments at a 9.7% expected return. The company projected net operating earnings per share to grow 17% for the year, particularly due to favorable mortality rates and assumption updates.

Increase in Net Operating Income

Net operating income for the quarter was $271 million or $3.27 per share, an increase of 10% over the $2.97 per share from a year ago.

Growth in Life Insurance Operations

Life Insurance premium revenue for the second quarter increased 3% to $840 million, with a life underwriting margin of $340 million, up 6% from a year ago.

Increase in Average Agent Count

Average agent count increased by 6% from the first quarter to the second quarter, resulting in a total of 17,621 agents.

Family Heritage Health Sales Growth

Health premiums increased 9% to $116 million, and the health underwriting margin increased 12% to $41 million. Net health sales were up 20% to $30 million.

Successful Share Repurchase Program

The company repurchased approximately 1.9 million shares for $226 million at an average price of $121.13, returning almost $250 million to shareholders.

Positive Developments in Direct to Consumer Division

Net life sales were $31 million, up 2% from a year ago and up 24% from the first quarter, indicating a turnaround in a declining trend.

Globe Life (GL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	4.47 / -	3.49	―	―	―
Jul 23, 2025	2025 (Q2)	3.25 / 3.27	2.97	10.10% (+0.30)	―
Apr 30, 2025	2025 (Q1)	3.23 / 3.07	2.78	10.43% (+0.29)	―
Feb 05, 2025	2024 (Q4)	3.12 / 3.14	2.8	12.14% (+0.34)	―
Oct 23, 2024	2024 (Q3)	3.06 / 3.49	2.71	28.78% (+0.78)	―
Jul 24, 2024	2024 (Q2)	2.92 / 2.97	2.61	13.79% (+0.36)	―
Apr 22, 2024	2024 (Q1)	2.79 / 2.78	2.53	9.88% (+0.25)	―
Feb 07, 2024	2023 (Q4)	2.73 / 2.80	2.24	25.00% (+0.56)	―
Oct 25, 2023	2023 (Q3)	2.65 / 2.71	2.15	26.05% (+0.56)	―
Jul 26, 2023	2023 (Q2)	2.58 / 2.61	2.07	26.09% (+0.54)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 23, 2025	$124.81	$131.52	+5.38%
Apr 30, 2025	$123.06	$117.46	-4.55%
Feb 05, 2025	$122.54	$119.46	-2.51%
Oct 23, 2024	$110.15	$108.69	-1.33%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Globe Life (GL) report earnings?

Globe Life (GL) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Globe Life (GL) earnings time?

Globe Life (GL) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GL EPS forecast?

GL EPS forecast for the fiscal quarter 2025 (Q3) is 4.47.

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