Primerica: Fourth Quarter Earnings Overview

Primerica Announces Strong Fourth Quarter Results

Primerica Inc., headquartered in Duluth, Georgia, revealed on Wednesday that its net income for the fourth quarter reached $197 million.

The company reported earnings of $6.13 per share for the quarter.

These figures surpassed analysts’ projections, as the consensus from five analysts polled by Zacks Investment Research had anticipated earnings of $5.69 per share.

During the same period, Primerica generated $853.7 million in revenue, with adjusted revenue totaling $853.5 million. Both numbers outperformed Wall Street’s expectations, which averaged $841.4 million according to Zacks.

Looking at the full year, Primerica achieved a profit of $751.2 million, translating to $22.91 per share, while total revenue amounted to $3.29 billion.