WASHINGTON (dpa-AFX) - Torchmark Corp. (TMK) revealed a profit for its first quarter that advanced from the same period last year.
The company's profit totaled $185 million, or $1.65 per share. This compares with $174 million, or $1.49 per share, in last year's first quarter.
Analysts had expected the company to earn $1.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 4.7% to $1.12 billion from $1.07 billion last year.
Torchmark Corp. earnings at a glance:
-Earnings (Q1): $185 Mln. vs. $174 Mln. last year. -EPS (Q1): $1.65 vs. $1.49 last year. -Analysts Estimate: $1.59 -Revenue (Q1): $1.12 Bln vs. $1.07 Bln last year.
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