Torchmark Q1 Profit Up - Quick Facts

(RTTNews) - Torchmark Corporation (TMK) Tuesday reported first-quarter profit of $132.9 million or $1.48 per share, up from $119.6 million or $1.27 per share in the same period last year. Operating income for the quarter was $136.9 million or $1.52 per share. On average, 17 analysts polled by Thomson Reuters expected the company to earn $1.51 per share for the quarter. Analysts' estimates typically exclude special items. Net-investment income totaled $188.1 million, up 3 percent from $183.0 million last year.

Looking ahead to the fiscal 2014, Torchmark projects net operating income in the range of $6.08 to $6.32 per share. Analysts currently expect the company to report full-year earning of $6.22 per share.