Torchmark Corp. (TMK) Tops Q3 EPS by 3c, Offers FY16 & FY17 Guidance
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TORCHMARK CORPORATION REPORTS Third quarter 2016 Results
October 25, 2016 4:10 PM EDTMCKINNEY, Texas, Oct. 25, 2016 /PRNewswire/ -- Torchmark Corporation (NYSE: TMK) reported today that for the quarter ended September 30, 2016, net income was $1.25 per diluted common share, compared with $1.15 per diluted common share for the year-ago quarter. Net operating income from continuing operations for the quarter was $1.15 per diluted common share, compared with $1.03 per diluted common share for the year-ago quarter. Â
HIGHLIGHTS:
Net income as a ROE was 12.0%. Net operating income as a ROE excluding net unrealized gains on fixed maturities was 14.7%. American Income life premiums increased 10%... More