Torchmark Corp. Earnings Cheat Sheet: The Profit Streak Continues

S&P 500 (NYSE:SPY) component Torchmark Corporation (NYSE:TMK) reported its results for the third quarter. Torchmark is an insurance holding company that provides a variety of life and health insurance products and annuities.

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

Torchmark Earnings Cheat Sheet for the Third Quarter

Results: Net income for the life insurance company rose to $137.1 million ($1.30 per share) vs. $114.5 million (94 cents per share) in the same quarter a year earlier. This marks a rise of 19.7% from the year earlier quarter.

Actual vs. Wall Street Expectations: The company beat the mean estimate of $1.19 a share.

Key Stats:

The company has now seen net income rise in two straight quarters. In the second quarter, net income rose 18.2% from the year earlier.

Competitors to Watch: CNO Financial Group, Inc. (NYSE:CNO), UTG, Inc. (UTGN), MetLife, Inc. (NYSE:MET), Penn Treaty American Corp. (PTYA), Prudential Financial, Inc. (NYSE:PRU), Lincoln National Corp. (NYSE:LNC), Presidential Life Corp (NASDAQ:PLFE), StanCorp Financial Group, Inc. (NYSE:SFG), Kansas City Life Insurance Co (NASDAQ:KCLI), and National Western Life Insurance Co. (NASDAQ:NWLI).

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

(Source: Xignite Financials)