Primerica, Inc. (PRI) has reported an increase in its third-quarter profit compared to the previous year, surpassing Wall Street predictions. The company announced earnings of $164.4 million, or $4.83 per share, compared to $152.1 million, or $4.23 per share, from the same period last year. When excluding specific items, Primerica's adjusted earnings for the quarter stood at $5.68 per share.
On average, analysts anticipated earnings of $4.81 per share, based on data collected by Thomson Reuters. It's important to note that these analyst projections generally exclude special items.
Additionally, the company's revenue for the quarter saw an 11% increase, reaching $774.1 million, up from $697.5 million the previous year.
Key financial highlights for Primerica, Inc. for the third quarter (under GAAP) include:
- Earnings: $164.4 million compared to $152.1 million last year.
- Earnings Per Share (EPS): $4.83 versus $4.23 from last year.
- Revenue: $774.1 million compared to $697.5 million last year.
