Torchmark Corp. (TMK) Tops Q1 EPS by 6c
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Torchmark Corporation Reports First Quarter 2019 Results
April 17, 2019 4:10 PM EDTMCKINNEY, Texas, April 17, 2019 /PRNewswire/ -- Torchmark Corporation (NYSE: TMK) reported today that for the quarter ended March 31, 2019, net income was $1.65 per diluted common share, compared with $1.49 per diluted common share for the year-ago quarter. Net operating income for the quarter was $1.64 per diluted common share, compared with $1.47 per diluted common share for the year-ago quarter.
HIGHLIGHTS:
Net income as an ROE was 12.9%. Net operating income as an ROE excluding net unrealized gains on fixed maturities was 14.7%. Life underwriting margin at Globe Life Direct Response increased... More