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Dec 31, 2019
Primerica Q4 2019 Earnings Report
Primerica's Q4 2019 financial results were announced, demonstrating strong performance in both Term Life and Investment and Savings Products segments, with total revenues increasing by 9% and EPS up by 13%.
Key Takeaways
Primerica reported a strong fourth quarter in 2019, with significant growth in revenues and earnings per share. Total revenues increased by 9% to $532.0 million, and net income rose by 8% to $93.6 million. EPS increased by 13% to $2.24. The company saw record investment product sales and client asset values, driven by solid financial results in both the Term Life and Investment and Savings Products segments.
Total revenues increased by 9% to $532.0 million compared to Q4 2018.
Net income increased by 8% to $93.6 million, with EPS up by 13% to $2.24.
Investment and Savings Products sales hit a new record at $2 billion, and client asset values reached a record level at $71 billion.
The Board of Directors approved an 18% increase in dividends to $0.40 per share and a share repurchase program totaling $300 million through June 2021.
Revenue by Segment
Forward Guidance
Primerica expects to repurchase $250 million of its common stock during 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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