Torchmark Corp. (TMK) Tops Q1 EPS by 2c
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Torchmark Corporation Reports First Quarter 2016 Results
April 26, 2016 4:06 PM EDTMCKINNEY, Texas, April 26, 2016 /PRNewswire/ -- Torchmark Corporation (NYSE: TMK) reported today that for the quarter ended March 31, 2016, net income was $1.01 per share, compared with $0.95 per share for the year-ago quarter. Net operating income from continuing operations for the quarter was $1.08 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... More