Primerica Q1 2024 Adj EPS $3.91 Misses $4.12 Estimate, Sales $742.830M Beat $740.570M Estimate
Portfolio Pulse from Benzinga Newsdesk
Primerica reported Q1 2024 adjusted EPS of $3.91, missing the $4.12 estimate, but sales of $742.830M exceeded the $740.570M forecast, marking a 7.65% increase from the previous year.
May 06, 2024 | 8:17 pm
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Primerica's Q1 2024 earnings missed EPS estimates but beat sales forecasts, indicating mixed financial performance.
The miss in EPS estimates may concern investors about profitability, while the sales beat suggests strong revenue growth. The mixed results could lead to neutral short-term stock price movement as investors weigh the implications of both the earnings miss and the sales beat.
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