Primerica, Inc. Q1 adjusted earnings Beat Estimates

(RTTNews) - Primerica, Inc. (PRI) announced earnings for first quarter that decreased from the same period last year.

The company's bottom line totaled $72.47 million, or $1.75 per share. This compares with $79.17 million, or $1.83 per share, in last year's first quarter.

Excluding items, Primerica, Inc. reported adjusted earnings of $85.05 million or $2.05 per share for the period.

Analysts had expected the company to earn $1.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.1% to $524.94 million from $494.99 million last year.

Primerica, Inc. earnings at a glance:

-Earnings (Q1): $85.05 Mln. vs. $75.30 Mln. last year. -EPS (Q1): $2.05 vs. $1.74 last year. -Analysts Estimate: $1.95 -Revenue (Q1): $524.94 Mln vs. $494.99 Mln last year.