Globe Life (GL) Revenue — Quarter Ended Jun 30, 2024
Revenue rose year over year in the latest quarter, and also increased from the preceding quarter. The company sustained its growth momentum.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue rose year over year in the latest quarter, and also increased from the preceding quarter. The company sustained its growth momentum.
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
+1.7%
Change from the immediately preceding quarter.
Year-over-year
+8.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.7B
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 |
|---|---|---|
| Sep 30, 2023 | $1.4B | +6.7% |
| Dec 31, 2023 | $1.4B | +6.0% |
| Mar 31, 2024 | $1.4B | +7.2% |
| Jun 30, 2024 | $1.4B | +8.6% |
Revenue performance
The reported revenue reflects a continued upward trend, with sequential improvement building on the prior quarter's level.
Quarterly comparison
Compared with the immediately preceding quarter, revenue posted a modest gain, while the comparison with the same quarter one year earlier showed a substantially stronger increase.
What to watch
Monitoring future revenue sustainability remains important given the risk factors outlined in the filing.