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The upcoming report from Primerica (PRI) is expected to reveal quarterly earnings of $4.96 per share, indicating an increase of 16.7% compared to the year-ago period. Analysts forecast revenues of $767.24 million, representing an increase of 5.9% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 2.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific Primerica metrics that are routinely monitored and predicted by Wall Street analysts.
Based on the collective assessment of analysts, 'Revenues- Other, net' should arrive at $17.22 million. The estimate indicates a year-over-year change of +1.7%.
The average prediction of analysts places 'Revenues- Commissions and fees' at $269.24 million. The estimate points to a change of +9.1% from the year-ago quarter.
The consensus among analysts is that 'Revenues- Net premiums' will reach $441.28 million. The estimate indicates a change of +4.1% from the prior-year quarter.
Analysts expect 'Adjusted Operating Revenues- Investment and Savings Products' to come in at $263.01 million. The estimate points to a change of +18.7% from the year-ago quarter.
According to the collective judgment of analysts, 'Adjusted Operating Revenues- Term Life Insurance' should come in at $447.61 million. The estimate indicates a change of +3.8% from the prior-year quarter.
Analysts forecast 'Adjusted Operating Revenues- Corporate and Other Distributed Products' to reach $52.46 million. The estimate suggests a change of +2.6% year over year.
The collective assessment of analysts points to an estimated 'Revenues- Investment and Savings Products- Account-based revenues' of $24.80 million. The estimate indicates a change of +3.5% from the prior-year quarter.