Description
Primerica Inc: Expanding Term Life and LDTI Strategies
Primerica, a financial services company serving middle-income families in the U.S. and Canada, reported a robust third quarter for 2024 with strong momentum and financial performance. The company achieved a 21% increase in adjusted net operating income, totaling $193 million, and saw a notable 28% rise in diluted adjusted operating earnings per share to $5.68. Solid cash flows enabled Primerica to repurchase $129 million worth of its own stock and distribute $31 million in dividends during the quarter, contributing to $463 million returned to shareholders for the year through buybacks and dividends.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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