24.07.2019 22:15:26

Torchmark Corp. Q2 adjusted earnings Beat Estimates

(RTTNews) - Torchmark Corp. (TMK) announced earnings for its second quarter that climbed from last year.

The company's profit came in at $186.57 million, or $1.67 per share. This compares with $184.43 million, or $1.59 per share, in last year's second quarter.

Excluding items, Torchmark Corp. reported adjusted earnings of $186.88 million or $1.67 per share for the period.

Analysts had expected the company to earn $1.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.6% to $1.13 billion from $1.08 billion last year.

Torchmark Corp. earnings at a glance:

-Earnings (Q2): $186.88 Mln. vs. $175.06 Mln. last year. -EPS (Q2): $1.67 vs. $1.51 last year. -Analysts Estimate: $1.65 -Revenue (Q2): $1.13 Bln vs. $1.08 Bln last year.

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