Angelica Corporation (GL) Tops Q1 EPS by 1c

Angelica Corporation (NYSE: GL) reported Q1 EPS of $1.73, $0.01 better than the analyst estimate of $1.72. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.16 billion.

HIGHLIGHTS:

• Net income as an ROE was 9.6%. Net operating income as an ROE excluding net unrealized gains on fixed maturities was 14.1%.
• Life underwriting margin at the American Income Life Division increased over the year-ago quarter by 7%. Health underwriting margin at the Family Heritage Division increased over the year-ago quarter by 11%.
• Life premiums increased over the year-ago quarter by 7% at the American Income Life Division. Health premiums increased over the year-ago quarter by 8% at the Family Heritage Division.
• Life net sales at the American Income Life Division increased over the year-ago quarter by 9%.
• Total health net sales increased over the year-ago quarter by 9%.
• 1.6 million shares of Globe Life Inc. common stock were repurchased during the quarter

For earnings history and earnings-related data on Angelica Corporation (GL) click here.

You May Also Be Interested In

• Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
• Gemini Space Station, Inc. (GEMI) Misses Q2 EPS by 32c
• Eledon Pharmaceuticals, Inc. (ELDN) Misses Q2 EPS by 12c