Primerica Q4 2022 Earnings Report
Key Takeaways
Primerica reported a decrease in GAAP revenues by 5% to $686.9 million. Net income was $131.8 million, with earnings per diluted share at $3.54 and a return on equity of 31.6%. The life-licensed sales force grew by 4.4% to a record 135,208 representatives, and term life net premiums increased by 5%.
Life-licensed sales force reached a record 135,208 representatives, a 4.4% increase.
Term Life net premiums grew by 5%, with adjusted direct premiums up by 6%.
Net earnings per diluted share (EPS) stood at $3.54, and return on stockholders’ equity (ROE) was 31.6%.
Investment and Savings Products sales reached $10 billion for the full year 2022.
Primerica
Primerica
Primerica Revenue by Segment
Forward Guidance
Primerica did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income