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Primerica: 1Q Earnings Snapshot

April 29, 2020 GMT

DULUTH, Ga. (AP) _ Primerica Inc. (PRI) on Wednesday reported first-quarter earnings of $72.5 million.

The Duluth, Georgia-based company said it had net income of $1.75 per share. Earnings, adjusted for one-time gains and costs, came to $2.05 per share.

The life insurance and financial products company posted revenue of $524.9 million in the period. Its adjusted revenue was $541.3 million.

Primerica shares have dropped 19% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $105.42, a decrease of 19% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRI at https://www.zacks.com/ap/PRI

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