Primerica, Inc. Q2 Profit Rises 16%

(RTTNews) - Primerica, Inc. (PRI) released earnings for its second quarter that climbed compared to the same period last year.

The company said its bottom line advanced to $88.44 million, or $1.19 per share. This was higher than $76.23 million, or $0.93 per share, in last year's second quarter.

Analysts had expected the company to earn $1.06 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.2% to $379.24 million. This was up from $350.52 million last year.

Primerica, Inc. earnings at a glance:

-Earnings (Q2): $88.44 Mln. vs. $76.23 Mln. last year. -Earnings Growth (Y-o-Y): 16.0% -EPS (Q2): $1.19 vs. $0.93 last year. -EPS Growth (Y-o-Y): 28.0% -Analysts Estimate: $1.06 -Revenue (Q2): $379.24 Mln vs. $350.52 Mln last year. -Revenue Change (Y-o-Y): 8.2%