Primerica Q2 EPS $3.97 Beats $3.79 Estimate, Sales $688.38M Miss $707.34M Estimate
Portfolio Pulse from Benzinga Newsdesk
Primerica reported Q2 earnings of $3.97 per share, beating the analyst consensus estimate of $3.79 by 4.75%. However, the company's quarterly sales of $688.38 million missed the analyst consensus estimate of $707.34 million by 2.68%. This represents a 38.81% increase in earnings and a 2.95% increase in sales compared to the same period last year.
August 07, 2023 | 8:17 pm
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NEUTRAL IMPACT
Primerica's Q2 earnings beat estimates but sales missed, indicating mixed performance.
Primerica's earnings beat the estimates which is a positive signal for the stock. However, the company's sales missed the estimates which could negatively impact the stock. The net effect could be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100