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Primerica: Q2 Earnings Snapshot
By AP News - Aug 08, 2024, 10:12 AM ET
Last Updated - Aug 08, 2024, 10:12 AM EDT
DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — Primerica Inc. (PRI) on Wednesday reported second-quarter profit of $1.2 million.
On a per-share basis, the Duluth, Georgia-based company said it had net income of 3 cents. Earnings, adjusted for one-time gains and costs, came to $4.71 per share.
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The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.45 per share.
The life insurance and financial products company posted revenue of $803.4 million in the period. Its adjusted revenue was $753.3 million, which also beat Street forecasts. Five analysts surveyed by Zacks expected $747.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRI at https://www.zacks.com/ap/PRI
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