Primerica, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2021
November 09, 2021 at 10:00 am EST
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Primerica, Inc. provided earnings guidance for the fourth quarter and full year of 2021. The company projected fourth quarter sales to decline between 13% and 15% year-over-year.
For the full year results would be down approximately 8% versus 2020's elevated levels, it will still represent more than a 10% increase over pre-COVID 2019 full year results.
Primerica, Inc. is a provider of financial products and services to middle-income households in the United States and Canada. The Company's segments include Term Life Insurance, Investment and Savings Products, Senior Health, and Corporate and Other Distributed Products. It offers term life insurance to clients in the United States, its territories, the District of Columbia and Canada. The Investment and Savings Products segment includes retail and managed mutual funds and annuities distributed through licensed broker-dealer subsidiaries and includes segregated funds, an insurance savings product that it has underwritten in Canada through Primerica Life Canada. It also provides transfer agent recordkeeping functions and non-bank custodial services. The Senior Health segment consists of the distribution of Medicare-related insurance products underwritten by third-party health insurance carriers to eligible Medicare beneficiaries through e-TeleQuoteâs licensed health insurance agents.
PRIMERICA, INC. 
