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Primerica ( (PRI) ) has issued an announcement.
Primerica, Inc. reported a strong third quarter in 2024, with a 31% increase in net earnings per share and a 24% rise in net income, driven by a 7% growth in their life-licensed sales force and a significant 34% jump in investment and savings product sales. Total revenues hit $774.1 million, up 11% from the previous year, and the company declared a dividend of $0.90 per share. The positive financial performance was fueled by robust recruiting efforts and favorable market conditions, reflecting the effectiveness of Primerica’s distribution model in meeting the financial needs of middle-income families.
Learn more about PRI stock on TipRanks’ Stock Analysis page.