National Western Life Posts 1Q Profit

AUSTIN, Texas (AP) _ National Western Life Insurance Co. (NWLI) on Tuesday reported first-quarter earnings of $22.9 million.

The Austin, Texas-based company said it had net income of $6.65 per share. Earnings, adjusted for investment gains, came to $6.18 per share.

The insurance provider posted revenue of $224.4 million in the period.

National Western Life shares have decreased slightly since the beginning of the year. The stock has climbed 46 percent in the last 12 months.

This story was generated by Automated Insights (http://ift.tt/1nCTSu9) using data from Zacks Investment Research. Access a Zacks stock report on NWLI at http://ift.tt/2lM1ly5

Keywords: National Western Life, Earnings Report

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