Primerica (PRI) News & Sentiment

PRI's earnings in the fourth quarter improved due to increased premiums and investment income.

DULUTH, Ga.--(BUSINESS WIRE)--The most recent Primerica Household Budget Index™ (HBI™) shows that in January, the average purchasing power for essential items dropped to 99.7%, which is a 0.6% decline from the previous month but a 0.3% rise compared to last year. The increase in costs for auto insurance, gasoline, and utilities has significantly affected this purchasing power, as indicated by the HBI™.

The main figures for Primerica (PRI) provide an overview of the company's performance for the quarter that ended in December 2024. However, it could be useful to compare these important metrics with Wall Street predictions and the results from the same period last year.

Primerica (PRI) reported quarterly earnings of $5.03 per share, which is higher than the Zacks Consensus Estimate of $4.96 per share. This is an increase compared to earnings of $4.25 per share from the same period last year.

Primerica (PRI) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

This Industry Outlook article features Sun Life Financial, Reinsurance Group of America, Primerica, Voya Financial, and Lincoln National.

This Industry Outlook article features Sun Life Financial, Reinsurance Group of America, Primerica, Voya Financial, and Lincoln National.

DULUTH, Ga.--(BUSINESS WIRE)--Primerica, Inc. (NYSE: PRI), a top financial services provider in the U.S. and Canada, has announced the launch of the Primerica Household Budget Index™ (HBI™). This monthly index shows the purchasing power of middle-income households earning between $30,000 and $130,000. In November 2024, the average purchasing power for these families increased to 103.6%, up from 103.1% in October 2024, marking the seventh month of growth.

Primerica (PRI) is currently considered oversold, which means the intense selling might be coming to an end. Additionally, there is a strong consensus among Wall Street analysts to increase earnings forecasts, which could result in a change in the stock's direction.