NYSE$PRI
Primerica Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Primerica's Q3 2020 results were driven by strong demand for protection products and record term life policy sales, which offset elevated claims experience. The life-licensed sales force increased, and client asset values reached a record high.
Primerica reported a strong third quarter in 2020, with a 9% increase in total revenues to $568.5 million and a 17% increase in net income to $112.1 million. Earnings per diluted share increased by 23% to $2.81. The company benefited from strong demand for protection products and an increase in average client asset values.
- Term Life policies issued increased by 36% with record productivity and policy persistency.
- Term Life net premiums grew by 13%, and adjusted direct premiums grew by 14%.
- Investment and Savings Products ending client asset values reached a record $72.6 billion.
- The Life-Licensed Sales Force increased to 136,306, aided by temporary COVID-related state licensing measures.
Headline financials
Revenue & EPS history
Primerica · Revenue · Quarterly
$568M
Revenue by segment
Primerica · $567M total across 3 segments · Q3 2020
- Term Life Insurance$358M+13.8%63.1%
- Investment and Savings Products$176M+1.8%31.1%
- Corporate and Other Distributed Products$32.5M+1.1%5.7%
Forward guidance
No specific forward guidance was provided in the document.
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 Q3 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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