Primerica Q2 Profit Rises

NASDAQ.com, August 7, 2012

Primerica Inc. (PRI) posted second-quarter net income of $46.18 million or $0.72 per share, compared to $37.62 million or $0.49 per share in the same quarter last year.

Net operating income rose to $45.5 million or $0.71 per share from $38.6 million or $0.51 per share in the comparable quarter last year. On average, seven analysts polled by Thomson Reuters expected the company to report earnings of $0.65 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter were $300.53 million, up 9% from $275.10 million in the year-ago quarter, while three analysts had consensus revenue estimate of $291.06 million for the quarter.