Primerica Posts Q4 Revenue of $853.5M Up 8% and EPS $6.13
Primerica posted Q4 revenue of $853.51 million, up 8% year-over-year and 1.4% above consensus, with EPS of $6.13, 7.8% ahead of estimates. Commissions and fees jumped 18.2% to $347.39 million while life-licensed sales force and new representative recruitment fell short of analyst projections.
1. Q4 Financial Performance
Primerica delivered Q4 revenue of $853.51 million, an 8% increase from a year earlier and 1.4% above consensus. EPS rose to $6.13, up from $5.03, marking a 7.8% surprise over the $5.69 estimate.
2. Operational Metrics Overview
Life-licensed sales force ended at 151,524, missing the 153,248 estimate, while life insurance policies issued climbed to 76,143, surpassing the 70,864 forecast. New recruits totaled 75,369 and new representatives were 10,998, both below analyst projections.
3. Revenue Breakdown by Segment
Net premiums revenue was $448.19 million, a 1.8% year-over-year rise but below the $460.67 million estimate, whereas commissions and fees soared 18.2% to $347.39 million. Net investment income held steady at $42.12 million, matching analysts’ forecasts.