Business Wire, February 7, 2012
- 18% increase in Investment and Savings Product sales in 2011
- 6% increase in Investment and Savings Product sales in the fourth quarter
- $41.2 million of net income; diluted EPS of $0.57 in the fourth quarter of 2011
- $40.6 million net operating income; diluted operating EPS of $0.56 in the fourth quarter of 2011
Primerica, Inc. (NYSE: PRI) announced today financial results for the fourth quarter ended December 31, 2011. Total revenues were $275.9 million in the fourth quarter of 2011 and net income was $41.2 million, or $0.57 per diluted share. Net income in the fourth quarter of 2010 was $52.9 million, or $0.69 per diluted share, including $.10 per diluted share largely related to certain reinsurance recoveries that were excluded from operating results in that period. Read the full story.