Angelica Corporation (GL) Tops Q1 EPS by 1c

Angelica Corporation (NYSE: GL) reported Q1 EPS of $1.73, $0.01 better than the analyst estimate of $1.72. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.16 billion.

HIGHLIGHTS:

• Net income as an ROE was 9.6%. Net operating income as an ROE excluding net unrealized gains on fixed maturities was 14.1%.
• Life underwriting margin at the American Income Life Division increased over the year-ago quarter by 7%. Health underwriting margin at the Family Heritage Division increased over the year-ago quarter by 11%.
• Life premiums increased over the year-ago quarter by 7% at the American Income Life Division. Health premiums increased over the year-ago quarter by 8% at the Family Heritage Division.
• Life net sales at the American Income Life Division increased over the year-ago quarter by 9%.
• Total health net sales increased over the year-ago quarter by 9%.
• 1.6 million shares of Globe Life Inc. common stock were repurchased during the quarter

For earnings history and earnings-related data on Angelica Corporation (GL) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Goldman reinstates Estee Lauder rating, sees turnaround driving growth and margins
• AeroVironment restates quarterly financials, citing $89M goodwill error