DULUTH, Ga. (AP) 鈥� DULUTH, Ga. (AP) 鈥� Primerica Inc. (PRI) on Wednesday reported second-quarter profit of $202.3 million.
The Duluth, Georgia-based company said it had profit of $6.45 per share. Earnings, adjusted for non-recurring gains, came to $6.41 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $5.96 per share.
The life insurance and financial products company posted revenue of $865.1 million in the period. Its adjusted revenue was $863.4 million, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $872.5 million.
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