Globe Life reported fourth-quarter adjusted earnings of $3.39 per share, compared with the Zacks Consensus Estimate of $3.44, representing a 1.5% shortfall. While earnings rose 8% from $3.14 per share in the year-ago quarter, the miss weighed on investor sentiment. Total life insurance sales dipped 2% year-over-year, reflecting softer agent productivity, and investment income grew only 4% despite a higher yield environment. Management highlighted disciplined underwriting but cautioned that elevated reinsurance costs and competitive pricing in new business may pressure margins in 2026.