DULUTH, Ga. (AP) _ Primerica Inc. (PRI) on Wednesday reported first-quarter earnings of $97.9 million.

On a per-share basis, the Duluth, Georgia-based company said it had profit of $2.46. Earnings, adjusted for non-recurring gains, were $2.44 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.38 per share.

The life insurance and financial products company posted revenue of $637.7 million in the period. Its adjusted revenue was $636.7 million.

Primerica shares have risen 23% since the beginning of the year. The stock has climbed 62% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRI at https://www.zacks.com/ap/PRI