Primerica (PRI) Tops Q3 EPS by 12c

Primerica (NYSE: PRI) reported Q3 EPS of $2.26, $0.12 better than the analyst estimate of $2.14.

• New life-licensed representatives increase 8%; sales force grows to 130,871
• Investment and Savings Products sales increase 5%; client asset values reach record high at $66 billion
• Term Life net premiums grow 9%; adjusted direct premiums grow 10%
• Net earnings per diluted share (EPS) of $2.28, up 17%; return on stockholders’ equity (ROE) of 24.1%
• Adjusted operating EPS of $2.26, up 17%; adjusted net operating income return on adjusted stockholders’ equity (ROAE) of 24.9%
• Declared dividend of $0.34 per share, payable on December 13, 2019

For earnings history and earnings-related data on Primerica (PRI) click here.

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