Primerica (PRI) Tops Q1 EPS by 1c

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Primerica Reports First Quarter 2016 Results

May 4, 2016 4:05 PM EDT

19% growth in life insurance policies issued

10% increase in life insurance licensed representatives to 108,220

13% growth in diluted EPS to $0.92; 17% growth in diluted operating EPS to $0.93

DULUTH, Ga.--(BUSINESS WIRE)-- Primerica, Inc. (NYSE: PRI) announced today financial results for the quarter ended March 31, 2016. Total revenues were $363.0 million and net income was $45.2 million or $0.92 per diluted share in the first quarter of 2016.

Glenn Williams, Chief Executive Officer said, We have begun 2016 with strong distribution growth. The size of... More