PRI Earnings Prediction
The chart below shows how PRI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PRI sees a -1.07% change in stock price 10 days leading up to the earnings, and a +2.04% change 10 days following the report. On the earnings day itself, the stock moves by +0.03%. This data can give you a slight idea of what to expect for the next quarter's release.
PRI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
774.13M
10.99%
-3.64%
Gross Margin
--
--
--
Operating Margin
33.67%
10.25%
0.81%
Net Margin
25.16%
11.48%
16673.33%
EPS
4.83
14.18%
16000.00%
No Data Available
PRI Earnings Analysis
PRIMERICA, INC. Corporation (PRI.N) Earnings Conference Call
Positive
Net Operating Income Increase: Adjusted net operating income was $193 million, up 21% compared to the prior year period.
Earnings Per Share Increase: Diluted adjusted operating earnings per share increased 28% to $5.68.
Stock Repurchase Strategy: Strong cash flow generation enabled the repurchase of $129 million of common stock during the quarter.
Shareholder Returns Overview: Year-to-date, Primerica has returned a total of $463 million to shareholders through a combination of share repurchases and dividends.
Quarterly Sales Surge: Sales of $2.9 billion during the quarter increased 34% compared to the prior year period, outpacing expectations.
Negative
Segment Operating Loss: The Corporate and Other Distributed Products segment incurred a pre-tax operating loss of $5.7 million during the third quarter compared to pre-tax operating income of $3.1 million in the prior year period.
Remeasurement Loss Impact: The current quarter included a $5.2 million remeasurement loss due to a refinement in assumptions on the subset of the closed book of non-term life insurance business.
Net Investment Income Growth: The segment continues to be benefit from a combination of higher yielding investments and growth in size of the portfolio, which added $4 million to net investment income compared to the prior year period.
Disability Incident Rate Decline: The disability incident rate under our waiver of premium rider has been falling since the pandemic, indicating a potential risk to future earnings.
Post-Pandemic Buying Patterns: The cumulative impact from the last four to five years continues to put some stress, so that their buying pattern has not yet returned to pre-pandemic.
PRI FAQs
How does PRI typically perform around its earnings report dates?
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PRI Earning Call Sentiment
Primerica, Inc. (PRI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
PRI.N
-0.31%Positive
The earnings call summary reveals strong financial performance with a 21% increase in adjusted net operating income and a 28% rise in diluted adjusted operating earnings per share. The Q&A section highlights sustainable recruiting momentum and a tax saving from the senior health exit. The share repurchase completion and strong annuity sales further contribute positively. Although there's some uncertainty about sales force growth sustainability, overall, the financial results and strategic moves indicate a positive outlook, suggesting a stock price increase of 2% to 8% over the next two weeks.
