Torchmark Corp. (TMK) Misses Q2 EPS by 1c, Trims FY Guidance
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TORCHMARK CORPORATION REPORTS Second Quarter 2015 Results
July 27, 2015 4:05 PM EDTMCKINNEY, Texas, July 27, 2015 /PRNewswire/ -- Torchmark Corporation (NYSE: TMK) reported today that for the quarter ended June 30, 2015, net income was $1.00 per share, compared with $0.98 per share for the year-ago quarter. Net operating income for the quarter was $1.05 per share, compared with $1.02 per share for the year-ago quarter.
Reconciliations between net income and net operating income, GAAP ROE and management ROE, and GAAP book value and management book value are shown in the Financial Summary below.
HIGHLIGHTS:
ROE (excluding net unrealized gains on fixed maturities) was 14.7%.... More