Primerica (PRI) Tops Q4 EPS by 11c, Revenues Beat

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Primerica Reports Fourth Quarter 2019 Results

February 11, 2020 4:15 PM EST

Investment and Savings Products sales hit a new record at $2 billion; client asset values also reach record level at $71 billion

Term Life Insurance net premiums grow 9%; adjusted direct premiums grow 10%

Net earnings per diluted share (EPS) of $2.24, up 13%; return on stockholders equity (ROE) of 23.0%

Diluted adjusted operating EPS of $2.22, up 10%; adjusted net operating income return on adjusted stockholders equity (ROAE) of 23.7%

Board of Directors approves share repurchase program totaling $300 million through June 2021; $250 million in repurchases expected... More