Q1 Earnings Highs And Lows: Primerica (NYSE:PRI) Vs The Rest Of The Life Insurance StocksQuarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Primerica (
NYSE:PRI) and the best and worst performers in the life insurance industry.
PRIMERICA HOUSEHOLD BUDGET INDEX™: Spending Power Moderately Improves for Middle-Income Families as Average Earned Income Rises Above Cost Increases of Everyday Necessities
The latest Primerica Household Budget Index™ (HBI™) data, a monthly economic metric that examines how inflation and wage trends impact the ability of middle-income families to afford life’s everyday necessities, was 100.1% in May, a 0.4% increase from a month ago and up 1.5% from a year ago. Purchasing power improved slightly in May as the average earned income of middle-income households rose more than the increase in the cost of necessity items.
Primerica Household Budget Index™: Purchasing Power for Middle-Income Households Held Steady in April
The latest Primerica Household Budget Index™ (HBI™) data, a monthly economic metric that examines how inflation and wage trends impact the ability of middle-income families to afford life’s everyday necessities, was 99.6% in April, unchanged from a month ago and up 1.7% from a year ago. Purchasing power held steady as the average earned income of middle-income households rose enough to offset the increase in the cost of necessity goods in April.
Primerica Reports First Quarter 2025 Results
Primerica, Inc. (
NYSE: PRI) reported financial results for the quarter ended March 31, 2025. Total revenues were $804.8 million, an increase of 9% from the first quarter of 2024. Net income of $169.1 million increased 14% when compared to net income from continuing operations in the prior year period, while net earnings per diluted share of $5.05 increased 19% compared to net earnings per diluted share from continuing operations in the prior year period.
Primerica Household Budget Index™: Purchasing Power for Middle-Income Households Improves Slightly as Gas Prices and Auto Insurance Costs Decline
The latest Primerica Household Budget Index™ (HBI™), a monthly economic snapshot measuring the impact of inflation on middle-income households alongside their earned income, found the average purchasing power for necessities rose to 99.6% in March, a 0.2% increase from a month ago and up 1.3% from a year ago.
Primerica Schedules First Quarter 2025 Financial Results Webcast
Primerica, Inc. (
NYSE:PRI) announced today that it will hold a webcast on Thursday, May 8, 2025, at 10:00 a.m. (ET) to discuss the Company’s results for the quarter ended March 31, 2025, as well as other business-related matters, including future expectations. A news release announcing the quarter’s results will be distributed after the close of the market on Wednesday, May 7, 2025.
National Survey: Middle-Income Americans Grapple With Growing Financial Uncertainty; Inflation Once Again Is Top Concern
Inflation continues to be the top concern of middle-income Americans, according to Primerica’s latest Financial Security Monitor™ (FSM™), with 62% reporting stress over finances, up from 57% during the fourth quarter of 2024. Forty-six percent (46%) expect to be worse off financially in the next year, up from 27% in December 2024.
Primerica Household Budget Index™: Uncertainty Continues to Increase for Middle-Income Families Over Rising Cost of Necessities and Leveling of Income Growth
The latest Primerica Household Budget Index™ (HBI™), a monthly economic snapshot measuring the impact of inflation on middle-income households alongside their earned income, found the average purchasing power for necessities fell to 99.4% in February, a 0.3% decrease from a month ago but a 0.4% increase from a year ago. For households earning an annual income of around $60,000, the increase in necessity goods prices in February cost them about $110 more in total than in January. Uncertainty among middle-income households is being driven in part by the volatility in the cost of household necessities.
Primerica Household Budget Index™: Inflation Continues to Disproportionately Impact Middle-Income Americans, Continuing an 18-Month Trend
The latest Primerica Household Budget Index™ (HBI™), a monthly economic snapshot measuring the impact of inflation on middle-income households alongside their wages, found the average purchasing power for necessities fell to 99.7% in January, a 0.6% decrease from a month ago but a 0.3% increase from a year ago.
Primerica Reports Fourth Quarter 2024 Results
Primerica, Inc. (
NYSE: PRI) today announced financial results for the quarter ended December 31, 2024. Total revenues of $788.1 million increased 12% compared to the fourth quarter of 2023. Net income from continuing operations of $167.7 million increased 9% while net earnings per diluted share from continuing operations of $4.98 increased 14% compared to the prior year period.
