Primerica (PRI) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

Core Viewpoint - Primerica (PRI) is expected to report quarterly earnings of $4.96 per share, reflecting a 16.7% increase year-over-year, with revenues projected at $767.24 million, a 5.9% increase from the previous year [1] Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted downward by 2.2%, indicating a reassessment by analysts [1][2] - Changes in earnings estimates are crucial for predicting investor reactions to stock performance [2] Revenue Projections - Analysts predict 'Revenues- Other, net' to be $17.22 million, a year-over-year increase of 1.7% [4] - 'Revenues- Commissions and fees' are estimated at $269.24 million, reflecting a 9.1% increase from the prior year [4] - 'Revenues- Net premiums' are expected to reach $441.28 million, indicating a 4.1% year-over-year change [4] Adjusted Operating Revenues - 'Adjusted Operating Revenues- Investment and Savings Products' is forecasted at $263.01 million, a significant increase of 18.7% from the previous year [5] - 'Adjusted Operating Revenues- Term Life Insurance' is expected to be $447.61 million, showing a 3.8% increase [5] - 'Adjusted Operating Revenues- Corporate and Other Distributed Products' is projected at $52.46 million, a 2.6% year-over-year change [6] Key Metrics - The consensus estimate for 'Life-Licensed Sales Force, End of period' is 152,342, up from 141,572 a year ago [7] - 'Life Insurance Policies Issued' are expected to reach 91,743, compared to 88,757 last year [7] - 'Recruits' are projected to be 93,175, an increase from 89,992 [7] Client Asset Values - 'Average Client Asset Values' are anticipated to reach $112.64 billion, up from $91 billion year-over-year [8] - 'New Life-Licensed Representatives' are expected to total 15,575, compared to 13,029 last year [8] Stock Performance - Over the past month, Primerica shares have increased by 6.3%, outperforming the Zacks S&P 500 composite's 2.1% change [8][9] - Based on its Zacks Rank 3 (Hold), PRI is expected to perform in line with the overall market in the upcoming period [9]