Primerica third-quarter profit rises to $45.6 million

By Jacques Couret
Atlanta Business Chronicle,, November 8, 2012

Primerica Inc. (NYSE: PRI)
The Duluth, Ga.-based seller of insurance and investment products to lower-to middle-income Americans reported a hike in third-quarter profit following growth in Term Life income, the impact of favorable market performance on Investment and Savings Products sales, client asset-based earnings and Canadian segregated fund DAC amortization.

  • Revenue: $299.1 million, up 8.4 percent
  • Net Income: $45.6 million, up 30 percent
  • Earnings Per Share: 72 cents, up 56.5 percent

Click here for the full Primerica earnings report.