The quarterly results for Primerica, Inc. (NYSE:PRI) were released last week, making it a good time to revisit its performance. Primerica reported US$865m in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$6.45 beat expectations, being 7.1% higher than what the analysts expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

Taking into account the latest results, Primerica's six analysts currently expect revenues in 2026 to be US$3.54b, approximately in line with the last 12 months. Statutory earnings per share are forecast to reduce 2.2% to US$24.90 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$3.52b and earnings per share (EPS) of US$24.50 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

There were no changes to revenue or earnings estimates or the price target of US$318, suggesting that the company has met expectations in its recent result. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Primerica, with the most bullish analyst valuing it at US$370 and the most bearish at US$268 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that Primerica's revenue growth is expected to slow, with the forecast 2.9% annualised growth rate until the end of 2026 being well below the historical 5.5% p.a. growth over the last five years. Compare this to the 127 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 2.4% per year. Factoring in the forecast slowdown in growth, it looks like Primerica is forecast to grow at about the same rate as the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Primerica going out to 2028, and you can see them free on our platform here..

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.