DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — Primerica Inc. (PRI) on Wednesday reported first-quarter profit of $169.1 million.
On a per-share basis, the Duluth, Georgia-based company said it had net income of $5.05. Earnings, adjusted for non-recurring gains, were $5.02 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.77 per share.
The life insurance and financial products company posted revenue of $804.8 million in the period. Its adjusted revenue was $803.6 million, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $787.4 million.
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