earnings
confidence high
sentiment neutral
materiality 0.65
Primerica Q3 2021: adj. EPS up 7% to $2.98; ISP sales +52%; e-TeleQuote adds revenue loss
Primerica, Inc.
2021-Q3 EPS reported
$8.50
revenue$1,985,638,000
- Net income $112.4M ($2.82 EPS) flat YoY; adj. EPS $2.98, +7%.
- Total revenues $693.2M, +22%; ISP product sales $2.79B, +52%.
- Term Life net premiums +12%; life policies issued 75,914, -24% (normalization).
- e-TeleQuote: $22.9M revenue but $4.6M net loss (-$0.12 EPS impact).
- Dividend declared $0.47/share, payable Dec 14, 2021.