DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — Primerica Inc. (PRI) on Wednesday reported second-quarter net income of $178.3 million.
The Duluth, Georgia-based company said it had net income of $5.40 per share. Earnings, adjusted for non-recurring costs, came to $5.46 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $5.18 per share.
The life insurance and financial products company posted revenue of $793.3 million in the period. Its adjusted revenue was $796 million, also beating Street forecasts. Six analysts surveyed by Zacks expected $788.5 million.
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