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FX.co ★ Primerica, Inc. Reveals Increase In Q1 Profit

Primerica, Inc. Reveals Increase In Q1 Profit

Primerica, Inc. (PRI) announced an increase in their first quarter profits compared to the previous year. The company's net profit amounted to $137.90 million, or $3.93 per share, showing an increase from the first quarter of last year when the profit was $128.10 million, or $3.46 per share.

When excluding certain elements, Primerica, Inc. reported that their adjusted earnings were $137.1 million or $3.91 per share for this period. The company's quarterly revenue surged 6.7%, reaching $741.66 million, a rise from $694.97 million reported for the same period last year.

To summarise the quarterly financial reports of Primerica, they reported an increase in earnings for the first quarter from $128.10 million last year to $137.90 million this year. Similarly, their earnings per share (EPS) climbed from $3.46 to $3.93. Furthermore, their quarterly revenue also saw a rise from $694.97 million last year to $741.66 million this year.

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