Globe Life's management tone tended to become more positive when quarterly net income improved.
Does not remain notable after adjusting for hundreds of tests. Why?
The analysis measures a same-filing relationship, not a forecast. Limitations
Each dot represents one 10-Q filing. Points farther right have more positive MD&A tone. Points higher on the chart had stronger year-over-year net income growth, after extreme percent changes are capped. Upper-right and lower-left points indicate tone and earnings moving in the same direction. How to read this chart
Tone and earnings moved in the same direction in 9 of 13 comparable quarters.
9 / 13 direction agreement
How is agreement calculated?| Spearman ρ (exact) | 0.561 (p=0.030) |
|---|---|
| Pearson r | 0.539 (p=0.038) |
| 95% CI (Pearson) | [0.04, 0.82] |
| FDR q | 0.188 |
| Sample size (n) | 15 · More established sample |
| Agreement | 9 / 13 (9 / 13) |
Secondary to net income because revenue concepts are less comparable across some industries.
Revenue comparison is not used for this industry because companies report revenue-like concepts differently.
Why?Annual samples are shorter and are not mixed into the default quarterly board.
Tone shown to three decimals so small nonzero values stay visible.
| Date | Form | Tone | Net income YoY | Revenue YoY |
|---|---|---|---|---|
| Aug 5, 2026 | 10-Q | +0.174 | +13.8% | n/a |
| May 7, 2026 | 10-Q | +0.140 | +6.3% | n/a |
| Nov 5, 2025 | 10-Q | +0.145 | +28.0% | n/a |
| Aug 6, 2025 | 10-Q | +0.094 | -2.2% | n/a |
| May 7, 2025 | 10-Q | +0.104 | +0.1% | n/a |
| Nov 6, 2024 | 10-Q | +0.198 | +17.9% | n/a |
| Aug 7, 2024 | 10-Q | +0.161 | +20.0% | n/a |
| May 8, 2024 | 10-Q | +0.161 | +13.7% | n/a |
| Nov 6, 2023 | 10-Q | +0.146 | +37.6% | n/a |
| Aug 8, 2023 | 10-Q | +0.088 | +21.6% | n/a |
| May 9, 2023 | 10-Q | +0.132 | +36.0% | n/a |
| Nov 8, 2022 | 10-Q | +0.075 | -1.1% | n/a |
| Aug 5, 2022 | 10-Q | +0.072 | -11.3% | n/a |
| May 6, 2022 | 10-Q | +0.125 | -7.9% | n/a |
| Nov 4, 2021 | 10-Q | +0.060 | -0.0% | n/a |
| Date | Form | Tone | Net income YoY | Revenue YoY |
|---|---|---|---|---|
| Feb 25, 2026 | 10-K | +0.125 | +8.4% | n/a |
| Feb 26, 2025 | 10-K | +0.085 | +10.3% | n/a |
| Feb 28, 2024 | 10-K | +0.101 | +31.2% | n/a |
| Feb 23, 2023 | 10-K | +0.066 | -0.7% | n/a |
| Feb 24, 2022 | 10-K | +0.075 | +1.8% | n/a |