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Dec 31, 2023
Primerica Q4 2023 Earnings Report
Reported a solid performance driven by recruiting and licensing momentum, increased investment product sales, and appreciation of client asset values.
Key Takeaways
Primerica reported a 6% increase in total revenues, reaching $726.3 million, and a 9% increase in earnings per diluted share (EPS) to $4.30. The life-licensed sales force grew to a record 141,572, up 5% year-over-year. Investment and Savings Product sales increased by 13%, and client asset values rose by 15%.
Life-licensed sales force reached a record 141,572, a 5% increase year-over-year.
Issued Term Life policies increased by 12%, with the total face amount issued up by 16%.
Investment and Savings Product sales rose by 13%.
Client asset values increased by 15%.
Revenue by Segment
Forward Guidance
Primerica's management believes 2024 holds exciting opportunities to build momentum as the company works toward its biennial convention in July.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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