Life Insurance Stocks Q1 Results: Globe Life Revenue Up 5.4%, Primerica Leads, Brighthouse Lags

Earnings

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Summary · why it matters

Life insurance stocks tracked by StockStory reported a slower first quarter, with aggregate revenues beating analysts' consensus estimates by 3.1%. Globe Life posted revenue of $1.56 billion, up 5.4% year on year and in line with expectations, but missed book value per share and EPS estimates. Primerica was the best performer with revenue of $872.3 million, up 8.6% year on year and beating expectations by 1.9%, along with beats on book value per share and EPS. Brighthouse Financial was the weakest, with revenue of $2.10 billion, down 2.7% year on year and missing expectations by 4.8%, alongside significant misses on book value per share and EPS. Unum Group reported revenue of $2.93 billion, down 11.3% year on year and missing expectations by 5.2%, while Horace Mann Educators posted revenue of $429.3 million, up 3.1% year on year but 3.1% below expectations. Share prices of the group have been resilient, up 6.3% on average since the latest earnings results.