Protective Life (PL) Reports Q1 EPS of $0.86, Beats by 6c; Won't Issue Guidance

May 4, 2009 8:26 AM EDT

Protective Life Corporation (NYSE: PL) reports Q1 EPS of $0.86, 6 cents better than the analyst estimate of $0.80.

Due to extraordinary market conditions and the potential impact of fair value accounting on reported results, Protective will not provide 2009 earnings guidance, but will discuss the outlook for the remainder of the year during its Q1 earnings call.


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Earnings
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