For 2017, Torchmark projects life net sales growth in the range of 812% and health net sales improvement in the band of 59%. Also, Torchmark might have experienced increased health premiums and improved health underwriting margin at Family Heritage in the quarter. Notably, the company anticipates health sales in this segment to grow between 3% and 7% in 2017. However, the company is likely to experience higher administrative expenses in the first quarter, mainly driven by higher pension costs due to the required implementation of a new mortality table and further investments in IT systems. For 2017, the company anticipates administrative expenses to increase 5% and be around 6.3% of premium. In addition, the company is likely to report a rise in total benefits and expenses in the first quarter. you can try this outWith respect to the surprise trend, the company delivered positive surprises in all of the last four quarters, with an average beat of 2.02%. Torchmark Corporation Price and EPS Surprise Torchmark Corporation Price and EPS Surprise | Torchmark Corporation Quote Earnings Whispers Our proven model does not conclusively show that Torchmark is likely to beat on earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen.
For the original version including any supplementary images or video, visit https://www.yahoo.com/news/apos-store-torchmark-tmk-earnings-133001275.html