07.05.2019 22:30:25
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Primerica, Inc. Q1 adjusted earnings Beat Estimates
(RTTNews) - Primerica, Inc. (PRI) reported earnings for its first quarter that advanced from the same period last year.
The company's earnings came in at $79.17 million, or $1.86 per share. This compares with $65.72 million, or $1.46 per share, in last year's first quarter.
Excluding items, Primerica, Inc. reported adjusted earnings of $75.30 million or $1.74 per share for the period.
Analysts had expected the company to earn $1.71 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 7.6% to $494.99 million from $459.92 million last year.
Primerica, Inc. earnings at a glance:
-Earnings (Q1): $75.30 Mln. vs. $66.22 Mln. last year. -EPS (Q1): $1.74 vs. $1.47 last year. -Analysts Estimate: $1.71 -Revenue (Q1): $494.99 Mln vs. $459.92 Mln last year.
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