Primerica (PRI) Misses Q1 EPS by 62c

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Primerica Reports First Quarter 2022 Results

May 5, 2022 4:15 PM EDT

Life-licensed sales force grew from the prior quarter end to 130,206

Term Life net premiums increased 9%; adjusted direct premiums increased 10% with sales remaining above pre-pandemic levels

Investment and Savings Products sales of $3.1 billion increased 7%

Continued headwinds in the Senior Health segment

Net earnings per diluted share (EPS) of $2.06 declined 16%; return on stockholders equity (ROE) of 16.2%

Diluted adjusted operating EPS of $2.11 declined 14%; adjusted net operating income return on adjusted stockholders equity (ROAE) of... More