secwatch.observer — SEC 8-K summary
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Issuer:     Primerica, Inc. (PRI)
CIK:        0001475922
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0000950170-22-023293
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Primerica Q3 GAAP EPS $1.37 (down 51%) on $60M goodwill impairment; adjusted EPS $3.02 up 1%
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- Total revenues $673.3M (-3% YoY); adjusted operating revenues $676.1M (-2%).
- GAAP net income $51.8M (-54%); includes $60M non-cash goodwill impairment ($1.59/diluted share).
- Term Life net premiums +6%, IPS sales $2.2B (-23%), Senior Health submitted policies -23%.
- Declared $0.55 dividend payable Dec 14, 2022; repurchased $97M of common stock in Q3.
- Adjusted net operating income $113.9M (-4%); diluted adjusted operating EPS $3.02 (+1%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1475922/000095017022023293/0000950170-22-023293-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1475922/000095017022023293/pri-20221108.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-023293

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