AUSTIN, Texas (AP) _ National Western Life Insurance Co. (NWLI) on Tuesday reported second-quarter profit of $31.5 million.

On a per-share basis, the Austin, Texas-based company said it had profit of $9.18. Earnings, adjusted for investment gains, were $8.58 per share.

The insurance provider posted revenue of $174.7 million in the period.

National Western Life shares have fallen 1.5 percent since the beginning of the year. The stock has dropped 2.5 percent in the last 12 months.


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