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Globe Life (GL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Globe Life (GL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
After getting hit by a short report from Fuzzy Panda Research yesterday, shares of Globe Life (NYSE: GL ) hit a fresh all-time low. However, GL stock is recovering today, up more than 15% as the company issued a rebuttal to allegations laid out in that short report.
Globe Life (GL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Globe Life (NYSE: GL ) stock is rising higher on Friday as the health insurance company released a statement pushing back against a recent short report. Globe Life stock took a major beating on Thursday after the company was targeted in a short report from Fuzzy Panda.
A short-seller uncovered "extensive allegations of insurance fraud ignored by management despite being obvious and reported hundreds of times."
Globe Life (GL) shares lost more than half their value Thursday after short seller Fuzzy Panda Research said it had taken a short position in the company after conducting an investigation it alleged revealed evidence of wide-ranging insurance fraud.
Globe Life (NYSE: GL ) stock is taking a beating on Thursday after the company was targeted by Fuzzy Panda in a new short report. The major crux of this short report is allegations of the company partaking in insurance fraud.
Globe Life (GL) remains well-poised to gain from solid performance in its Life Insurance and Health Insurance segments, strong liquidity position and favorable estimates.
After losing some value lately, a hammer chart pattern has been formed for Globe Life (GL), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.