Primerica Q3 2021 Earnings Report
Key Takeaways
Primerica reported a 22% increase in total revenues, reaching $693.2 million, for the third quarter of 2021. Net income attributable to Primerica was $112.4 million, with earnings per diluted share (EPS) at $2.82. The company's Investment and Savings Products sales increased by 52%, and client asset values reached $92 billion. The acquisition of e-TeleQuote impacted results with revenues of $22.9 million and a net loss of $4.6 million.
Total revenues increased by 22% to $693.2 million.
Net income attributable to Primerica was $112.4 million, with EPS at $2.82.
Investment and Savings Products sales increased by 52%, with client asset values at $92 billion.
Term Life net premiums grew by 12%.
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Primerica Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income