Primerica Q2 Profit Decreases - Quick Facts

(RTTNews) - Primerica Inc. (PRI) reported second-quarter net income of $43.49 million or $0.74 per share, compared to $46.18 million or $0.72 per share, last year. Net operating income was $41.37 million or $0.71 per share for the quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.72 for the quarter. Analysts' estimates typically exclude special items.

Total revenues rose to $312.31 million, from $300.53 million last year. Operating revenues increased by 4% to $308.8 million compared to $296.2 million in the second quarter of 2012, driven by strong Investment and Savings Products performance and growth in Term Life net premium, partially offset by lower net investment income. Analysts expected revenue of $317.70 million for the quarter.