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Valued at a market cap of $9.5 billion, Globe Life Inc. (GL) provides various life and supplemental health insurance products, as well as annuities to lower middle- and middle-income families. The McKinney, Texas-based company is expected to announce its fiscal Q4 earnings results after the market closes on Wednesday, Feb. 5.
Prior to this event, analysts expect the insurance company to report a profit of $3.10 per share, up 10.7% from $2.80 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. In Q3, GL’s adjusted EPS of $3.49 outpaced the forecasted figure by a significant margin of 14.4%.
