Primerica Q1 diluted EPS rises 14% to $3.93; revenue up 8% to $742.8 million
Primerica reported first quarter 2024 results on May 6, 2024, with diluted earnings per share of $3.93, up 14%, and total revenues of $742.8 million, up 8%. Diluted adjusted operating EPS was $3.91, up 10%, and the company expects a $50 million gain in the second quarter from an insurance claim, which it will exclude from adjusted results. Profit growth is the main takeaway for shareholders, though the Senior Health segment posted a $14 million loss.
Key points
- Net income of $137.9 million rose 8%; diluted EPS of $3.93 rose 14% from $3.46 a year earlier
- Senior Health reported a loss of $14 million; Term Life adjusted operating revenues rose 5% to $440.4 million
- Investment and Savings Products sales reached $2.8 billion, up 20%; client asset values ended the quarter at $103 billion
- Board declared a $0.75 per share dividend payable June 12, 2024; the company repurchased $109 million of stock in the quarter
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.