Globe Life (GL) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter was steady compared to the prior period. On an annual basis, revenue continued its upward trend.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter was steady compared to the prior period. On an annual basis, revenue continued its upward trend.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
+0.0%
Change from the immediately preceding quarter.
Year-over-year
+7.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $1.3B | +2.7% |
| Sep 30, 2023 | $1.4B | +6.7% |
| Dec 31, 2023 | $1.4B | +6.0% |
| Mar 31, 2024 | $1.4B | +7.2% |
Revenue performance
The reported revenue remained essentially unchanged from the preceding quarter, reflecting a period of stabilization.
Quarterly comparison
Sequential revenue was flat, while revenue increased notably compared to the same period one year earlier.
What to watch
Monitor whether the year-over-year growth rate can be sustained in coming quarters.