Primerica (PRI) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Primerica reported revenue of $790.13 million for the quarter ended December 2024, reflecting a 9.1% increase year-over-year, with EPS at$ 5.03 compared to $4.25 in the previous year [1] - The revenue exceeded the Zacks Consensus Estimate of$ 767.24 million by 2.98%, and the EPS also surpassed the consensus estimate of $4.96 by 1.41% [1] Financial Performance Metrics - The Life-Licensed Sales Force at the end of the period was 151,611, slightly below the average estimate of 152,342 [4] - Life Insurance Policies Issued totaled 89,664, compared to the estimated 91,743 [4] - Recruits numbered 95,497, exceeding the average estimate of 93,175 [4] - Average Client Asset Values were reported at$ 112.3 billion, slightly below the estimate of $112.64 billion [4] - Revenues from Commissions and Fees reached$ 293.85 million, a 19.1% increase year-over-year, surpassing the estimate of $269.24 million [4] - Revenues from Other, net, were$ 17.02 million, slightly below the estimate of $17.22 million, with a year-over-year change of 0.5% [4] - Net Premiums revenue was$ 440.29 million, compared to the estimate of $441.28 million, reflecting a 3.8% increase year-over-year [4] - Adjusted Operating Revenues from Investment and Savings Products were$ 286.05 million, exceeding the estimate of $263.01 million, with a year-over-year change of 29.1% [4] - Adjusted Operating Revenues from Term Life Insurance were$ 450.58 million, slightly above the estimate of $447.61 million, with a 4.5% year-over-year increase [4] - Net Investment Income was reported at$ 38.13 million, below the estimate of $38.76 million [4] - Adjusted Operating Revenues from Corporate and Other Distributed Products were$ 53.51 million, exceeding the estimate of $52.46 million, with a year-over-year change of 4.6% [4] - Direct Premiums revenue was$ 854.75 million, slightly below the estimate of $855.99 million, reflecting a 2.5% year-over-year increase [4] Stock Performance - Primerica's shares returned +7% over the past month, outperforming the Zacks S&P 500 composite's +4.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]