Primerica Q3 Earnings Beat on Strong Term Life Insurance Sales [Yahoo! Finance]
Primerica, Inc. (PRI)
Last primerica, inc. earnings: 4/29 04:15 pm
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US:NYSE Investor Relations:
investors.primerica.com/home/default.aspx
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Source: Yahoo! Finance
The company reported adjusted earnings of $5.68 per share, up 32.7% from the prior-year quarter, and revenue of $770.1 million, up 8% year over year. Net premiums, net investment income, and commissions and fees also increased, while total benefits and expenses rose 5.8%. The company's Term Life Insurance segment saw a 26% jump in adjusted operating income, while Investment and Savings Products segment saw a 24% increase. Primerica also announced a dividend of 90 cents per share and expects 3% growth in full-year life sales in 2024. Primerica, Inc. PRI shares gained 3.4% since it reported third-quarter earnings on Nov. 6, 2024. The quarterly results benefited from strong Term Life sales and Investment and Savings Product sales. Growth in policies issued and equity market appreciation also favored the results. Higher benefits and expenses partially offset the positives. Primerica reported a third-quarter 2024 adjusted earnings of $5.68 per share, which beat the Zacks Consensus Esti
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PRI
Earnings
- 11/6/24 - Beat
PRI
Sec Filings
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- PRI's page on the SEC website