Primerica reported a 12% increase in total revenues to $598.3 million and a 13% increase in earnings per diluted share (EPS) to $2.52 for Q4 2020. The company's life-licensed sales force grew by 3% to 134,907, and investment and savings products sales increased by 4% to $2.1 billion. The Board of Directors approved a share repurchase program totaling $300 million and an 18% increase in dividends.
Total revenues increased by 12% to $598.3 million compared to Q4 2019.
Earnings per diluted share (EPS) rose by 13% to $2.52.
Life-licensed sales force grew to 134,907, a 3% increase year-over-year.
Investment and Savings Products sales increased by 4% to $2.1 billion.
Primerica's Board of Directors authorized the repurchase of up to $300 million of the Company’s common stock through June 2022 and approved an 18% increase in stockholder dividends to $0.47 per share, payable on March 15, 2021, to stockholders of record on February 22, 2021.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance