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Primerica: Q1 Earnings Snapshot
By AP News - May 08, 2023, 05:48 PM ET
Last Updated - Apr 05, 2024, 02:30 PM EDT
Primerica Inc. (PRI) on Monday reported first-quarter earnings of $125.1 million
DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — Primerica Inc. (PRI) on Monday reported first-quarter earnings of $125.1 million.
The Duluth, Georgia-based company said it had net income of $3.38 per share. Earnings, adjusted for non-recurring costs, were $3.49 per share.
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The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.45 per share.
The life insurance and financial products company posted revenue of $690 million in the period. Its adjusted revenue was $695 million, which also topped Street forecasts. Five analysts surveyed by Zacks expected $694.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a PRI">Zacks stock report on PRI at https://www.zacks.com/ap/PRI
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