Primerica (PRI) Tops Q1 EPS by 10c, Revenues Beat
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Primerica Reports First Quarter 2020 Results
April 29, 2020 4:15 PM EDTInvestment and Savings Products sales increase 28% to $2.2 billion
Issued Term Life policies grow 11%
Term Life Insurance net premiums grow 10%; adjusted direct premiums grow 11%
Strong momentum in recruiting leads to 5% growth in new life-licensed representatives
Net earnings per diluted share (EPS) of $1.75, down 5%; return on stockholders equity (ROE) of 18.2%
Diluted adjusted operating EPS of $2.05, up 18%; adjusted net operating income return on adjusted stockholders equity (ROAE) of 21.8%
Declared... More
