Piper Jaffray Cuts Price Target After Torchmark Corp. (TMK) Reports Mixed Results

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Piper Jaffray Remains Sidelined on Torchmark Corp. (TMK) After Management Provides Additional 2016 Guide Details

February 8, 2016 8:27 AM EST

Piper Jaffray maintained a Neutral rating on Torchmark (NYSE: TMK), and cut the price target to $56.00 (from $57.00), after management provides details regarding 2016 guidance. Management indicated free cash flow for 2016 and 2017 is expected to range $320-330M, lower than in recent years due to lower distributable... More

Torchmark Corp. (TMK) Misses Q4 EPS by 1c; Updates FY16 EPS Outlook

February 3, 2016 5:12 PM EST

Torchmark Corp. (NYSE: TMK) reported Q4 EPS of $1.05, $0.01 worse than the analyst estimate of $1.06.

GUIDANCE:

Torchmark Corp. sees FY2016 EPS of $4.28-$4.48, versus prior guidance of $4.25-$4.55 and the consensus of $4.44.

For earnings history and earnings-related data on Torchmark Corp. (TMK) click here.

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Trading Radar for 2/3: GM (GM), GoPro (GPRO), International Paper (IP), MetLife (MET) Report

February 2, 2016 3:17 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EST

MBA Mortgage Index - no Street consensus

8:15am EST

ADP Employment Change - Street sees 190k

Earnings:

ABB Ltd. (NYSE: ABB) - consensus EPS $0.21
Acorn International (NYSE: ATV) - no Street consensus
Agilysys, Inc. (Nasdaq: AGYS) - consensus loss $0.09
Alexion Pharma (Nasdaq: ALXN) - consensus... More