Globe Life Inc. (GL) is valued at $11.1 billion and specializes in life insurance, annuities, and health insurance. The Texas-based company primarily serves lower to middle-income families with affordable policies through subsidiaries like American Income Life and Liberty National Life.

Analysts expect GL to report a profit of $4.52 per share in the upcoming third-quarter earnings, a 29.5% increase from the year-ago quarter. The company has beaten consensus estimates in three out of the last four quarters.

For the current year, analysts anticipate GL to report earnings per share (EPS) of $14.43, a 16.7% increase from fiscal 2024. EPS is projected to rise 4.6% year over year to $15.09 in fiscal 2026.

GL stock has gained 31.2% over the past year, outperforming the S&P 500 Index and the Financial Select Sector SPDR Fund. After the Q2 earnings release, the stock surged 5.4% due to strong bottom-line growth, despite missing revenue estimates.

Analysts are bullish on GL stock, with a “Strong Buy” rating overall. Out of 14 analysts, nine recommend a “Strong Buy,” two advise a “Moderate Buy,” and three suggest a “Hold.” The average analyst price target is $161, indicating a potential upside of 17% from current levels.

Read more at Yahoo Finance: Here’s What to Expect From Globe Life’s Next Earnings Report