Primerica: Q4 Earnings Snapshot
DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — Primerica Inc. (PRI) on Wednesday reported fourth-quarter net income of $197 million.
On a per-share basis, the Duluth, Georgia-based company said it had profit of $6.13.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $5.69 per share.
The life insurance and financial products company posted revenue of $853.7 million in the period. Its adjusted revenue was $853.5 million, also beating Street forecasts. Five analysts surveyed by Zacks expected $841.4 million.
For the year, the company reported profit of $751.2 million, or $22.91 per share. Revenue was reported as $3.29 billion.
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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