Reinsurance Group of America Inc expected to post earnings of $3.36 a share - Earnings Preview

Reinsurance of America, Incorporated

03/05/2023 03:06

* Reinsurance Group of America Inc  RGA.N   RGA  is expected
to show a rise in quarterly revenue when it reports  results on
May 4. 
    * The Chesterfield Missouri Missouri-based  company is
expected to
report  a 6.8% increase in revenue to $4.198 billion from $3.93
billion a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Reinsurance Group
of
America Inc is for earnings of $3.36 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Reinsurance
Group
of America Inc is $162.5​, above​ its last closing price
of $140.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  3.73        3.73       2.99      Missed  -19.8
 Sep. 30 2022  2.95        3.00       5.20      Beat    73.6
 Jun. 30 2022  2.74        2.77       5.78      Beat    108.9​
 Mar. 31 2022  -0.85       -0.55      0.47      Beat    185.1
 ​​Dec.        0.48        0.77       -0.56     Missed  -172.9
 31 2021                                                
 Sep. 30 2021  2.44        2.66       -1.11     Missed  -141.7
                                                        ​
 Jun. 30 2021  1.83        1.89       4.00      Beat    112
 Mar. 31 2021  -0.26       -0.26      -1.24     Missed  -377.1
 This summary was machine generated May 3 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated