DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — Primerica Inc. (PRI) on Wednesday reported first-quarter earnings of $190.1 million.
On a per-share basis, the Duluth, Georgia-based company said it had net income of $5.97. Earnings, adjusted for investment gains, came to $5.96 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $5.45 per share.
The life insurance and financial products company posted revenue of $872.7 million in the period. Its adjusted revenue was $872.3 million, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $854.6 million.
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