Primerica Q3 Earnings Beat on Strong Term Life Insurance Sales

Primerica, Inc. (PRI) shares gained 3.4% since it reported third-quarter earnings on Nov. 6, 2024. The quarterly results benefited from strong Term Life sales and Investment and Savings Product sales. Growth in policies issued and equity market appreciation also favored the results. Higher benefits and expenses partially offset the positives.Primerica reported a third-quarter 2024 adjusted earnings of $5.68 per share, which beat the Zacks Consensus Estimate by 18.8%. The bottom line jumped 32.7% from the pr ...