Primerica: Q1 Earnings Snapshot

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.

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 Zacks stock report on PRI at https://www.zacks.com/ap/PRI

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