Torchmark Corp. (TMK) Tops Q3 EPS by 2c, Offer FY15 & FY16 Guidance
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Torchmark Corporation Reports Third Quarter 2015 Results
October 26, 2015 4:05 PM EDTMCKINNEY, Texas, Oct. 26, 2015 /PRNewswire/ -- Torchmark Corporation (NYSE: TMK) reported today that for the quarter ended September 30, 2015, net income was $1.15 per share, compared with $1.00 per share for the year-ago quarter. Net operating income for the quarter was $1.08 per share, compared with $0.99 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... More