Torchmark Corp. Announces 4% Advance In Q1 Earnings

(RTTNews) - Torchmark Corp. (TMK) reported a profit for its first quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $138.7 million, or $1.15 per share. This was up from $133.4 million, or $1.08 per share, in last year's first quarter.

Analysts had expected the company to earn $1.14 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.1% to $1.02 billion. This was up from $0.98 billion last year.

Torchmark Corp. earnings at a glance:

-Earnings (Q1): $138.7 Mln. vs. $133.4 Mln. last year. -Earnings Growth (Y-o-Y): 4.0% -EPS (Q1): $1.15 vs. $1.08 last year. -EPS Growth (Y-o-Y): 6.5% -Analysts Estimate: $1.14 -Revenue (Q1): $1.02 Bln vs. $0.98 Bln last year. -Revenue Change (Y-o-Y): 4.1%