NYSE$PRI
Primerica Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Primerica's Q1 2020 financial performance reflected growth in key areas, but net income and EPS decreased due to investment losses and market adjustments.
Primerica reported a 6% increase in total revenues, driven by strong sales in Term Life and Investment and Savings Products. However, net income and EPS decreased due to pre-tax realized losses on the invested asset portfolio and mark-to-market adjustments. Adjusted operating EPS increased by 18%.
- Investment and Savings Products sales increased by 28% to $2.2 billion.
- Issued Term Life policies grew by 11%.
- Term Life Insurance net premiums grew by 10%, and adjusted direct premiums grew by 11%.
- New life-licensed representatives grew by 5%.
Headline financials
Revenue & EPS history
Primerica · Revenue · Quarterly
$525M
Revenue by segment
Primerica · $541M total across 3 segments · Q1 2020
- Term Life Insurance$328M+10.4%60.5%
- Investment and Savings Products$185M+13.7%34.2%
- Corporate and Other Distributed Products$28.6M-6.3%5.3%
Forward guidance
While the COVID-19 pandemic may adversely impact our financial results in the near-term, our strong momentum at its onset and the flexibility of our sales force and distribution model give us confidence that we will be able to navigate through this major health crisis and any economic downturn.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.5%
Avg return
Earnings day
+2.0%
Avg return
5 days after
+1.1%
Avg return
30 days after
53%
34 / 64 earnings
Positive
+22.3%
Q3 2016
Best reaction
-14.0%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.4% | -1.2% | -4.1% | |
| Q4 2025 | -1.3% | +2.3% | -1.7% | |
| Q3 2025 | -2.1% | +0.2% | -0.8% | |
| Q1 2025 | +2.3% | +1.7% | +1.8% | |
| Q4 2024 | -3.9% | -3.1% | -1.6% | |
| Q3 2024 | +5.0% | +8.6% | +6.8% | |
| Q2 2024 | +3.4% | +4.5% | +5.8% | |
| Q1 2024 | +0.6% | +2.7% | +3.5% | |
| Q4 2023 | +0.4% | +3.3% | +2.9% | |
| Q3 2023 | +0.7% | +1.6% | +3.0% | |
| Q2 2023 | +0.5% | -0.3% | -6.7% | |
| Q1 2023 | -1.2% | -0.7% | +5.5% | |
| Q4 2022 | +9.0% | +15.4% | -2.3% | |
| Q3 2022 | -3.2% | -2.7% | -1.2% | |
| Q2 2022 | +0.1% | +6.4% | -4.0% | |
| Q1 2022 | -14.0% | -11.5% | -7.5% | |
| Q4 2021 | -10.7% | -11.9% | -14.4% | |
| Q3 2021 | -8.0% | -8.5% | -14.8% | |
| Q2 2021 | +2.6% | +4.3% | +4.9% | |
| Q1 2021 | +0.3% | +0.2% | +1.8% | |
| Q4 2020 | -3.4% | -5.4% | +1.0% | |
| Q3 2020 | +5.1% | +12.7% | +23.5% | |
| Q2 2020 | +8.4% | +10.3% | +4.1% | |
| Q1 2020 | +3.0% | +0.7% | +12.6% | |
| Q4 2019 | +5.7% | +10.9% | -27.6% | |
| Q3 2019 | +0.0% | +0.2% | +5.2% | |
| Q2 2019 | +2.8% | -2.3% | +4.7% | |
| Q1 2019 | -2.9% | -3.2% | -9.1% | |
| Q4 2018 | +2.6% | +2.3% | +4.3% | |
| Q3 2018 | +2.3% | +3.1% | -4.5% | |
| Q2 2018 | +3.0% | +1.3% | +6.1% | |
| Q1 2018 | -2.2% | -1.1% | +6.3% | |
| Q4 2017 | -1.9% | -1.5% | +6.2% | |
| Q3 2017 | +12.2% | +12.0% | +15.3% | |
| Q2 2017 | -2.0% | -1.6% | -11.9% | |
| Q1 2017 | -8.1% | -10.6% | -14.5% | |
| Q4 2016 | +1.8% | +4.1% | +5.7% | |
| Q3 2016 | +22.3% | +30.4% | +27.3% | |
| Q2 2016 | +4.0% | +5.8% | +10.2% | |
| Q1 2016 | +1.3% | — | — | |
| Q4 2015 | -2.4% | — | — | |
| Q3 2015 | +2.3% | — | — | |
| Q2 2015 | -8.6% | — | — | |
| Q1 2015 | +0.5% | — | — | |
| Q4 2014 | +1.0% | — | — | |
| Q3 2014 | +2.1% | — | — | |
| Q2 2014 | +0.7% | — | — | |
| Q1 2014 | -4.3% | — | — | |
| Q4 2013 | +9.5% | — | — | |
| Q3 2013 | -0.8% | — | — | |
| Q2 2013 | -1.0% | — | — | |
| Q1 2013 | -0.2% | — | — | |
| Q4 2012 | +2.1% | — | — | |
| Q3 2012 | -1.0% | — | — | |
| Q2 2012 | +6.0% | — | — | |
| Q1 2011 | -1.7% | — | — | |
| Q1 2012 | +1.9% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q4 2010 | -0.2% | — | — | |
| Q3 2011 | -1.8% | — | — | |
| Q3 2010 | -1.8% | — | — | |
| Q2 2010 | -1.0% | — | — | |
| Q2 2011 | -1.0% | — | — | |
| Q1 2010 | -0.6% | — | — |
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