Primerica
May 5, 2022
Primerica said first-quarter 2022 total revenues were 691.2 million dollars, up 8 percent from a year earlier. Net income attributable to Primerica was 81.4 million dollars, or 2.06 dollars per diluted share. Diluted adjusted operating earnings per share were 2.11 dollars. The life-licensed sales force ended the quarter at 130,206.
Chief executive Glenn Williams said term life and investment and savings product businesses performed well while Senior Health remained a headwind, posting a 19.0 million dollar pre-tax operating loss. Investment and savings product sales rose 7 percent to 3.1 billion dollars. The company bought back 99 million dollars of stock in the quarter and declared a 55-cent dividend payable June 14, 2022.